Repairs to Your Home
At IHCDA, we believe that growing Indiana's economy starts at home. Everyone can agree that all Hoosiers should have the opportunity to live in safe, affordable, good-quality housing in economically stable communities. One of our goals is to assist Hoosiers in generating and preserving assets. The home that you own is an asset that is not only vital to yourself, but also the communities in which we reside. As assets age and depreciate, we are sometimes not able to generate the resources necessary to maintain our homes, keep them viable for the long-term, and ensure that our Indiana communities can keep their residents in place.
IHCDA provides opportunities for qualifying Indiana homeowners to receive assistance in order to make much needed repairs to their homes.
IHCDA Owner-Occupied Repair Program
Through IHCDA's Strategic Investment Process, eligible entities may apply for grant funding in order to complete repairs on owner-occupied residential properties. Funding of up to $20,000 may be used to address conditions in the home that, if left unattended, would create an issue with the integrity of the home or become a detriment to the quality of life for the residents.
To see if there is funding in your community and to apply, contact your local unit of government or your local Community Action Agency here.
Please note that this is not a direct assistance program. Local Units of Government and not-for-profit entities that meet one of IHCDA's four strategic priorities may apply for funding on behalf of eligible homeowners.
Click here for more information on IHCDA's Strategic Priorities
Click here for more information on IHCDA's Strategic Investment Process
IHCDA Weatherization/Home Energy Conservation Program
Wx/Home Energy Conservation
IHCDA's Energy Department allocates funding to subgrantees for the purpose of incorporating energy conservation measures to reduce the utility bills of low-income Hoosiers across the state. The HEC Program offers clients a permanent solution to reducing their energy bills by making their homes more energy efficient. The United States Department of Energy (DOE) allocates funds to IHCDA for distribution to our network of local sub-grantees to perform weatherization work.
Every client who is eligible for services receives a comprehensive energy audit from state-trained auditors. The results of the audit are unique to each client's home and determine which energy efficiency upgrades will maximize energy savings for the client. Upon completion of the audit, state-trained construction teams will install the energy efficiency upgrades prescribed by the auditor. A final audit will be conducted at the completion of installation work to ensure the energy efficiency measures installed are operating in such a way to maximize energy savings. Because the work completed on a client's home is funded through the federal government, all audits and energy efficiency upgrades are installed at no cost to the client.
Information For Interested Weatherization Applicants:
All interested weatherization applicants need to contact their local Community Action Agency to find out if they are eligible for services. Click here to find out which agency serves your county.
Weatherization Deferral Repair Program
Eligible Weatherization clients sometimes are turned away from this service due to pre-existing conditions in the home that will not allow for the initial energy audit to be completed, therefore, resulting in a denial of Weatherization services to the home.
IHCDA provides funding to Weatherization subgrantees in order to have funding in place that will remedy these conditions so that the home will become more stable, and also to upgrade the home so that it is eligible to receive Weatherization services
Click here to access the 2012-2013 Weatherization Deferral Policy Guideline
Click here to access the Pre-Application Meeting Power Point Presentation
Individual Development Accounts
The Indiana Individual Development Account (IDA) Program is an asset development program for low-income individuals funded by the US Department of Health and Human Services (HHS) with a matching funds component from nonfederal sources. In 1998, the United States Congress passed the Assets For Independence Act (AFIA), which created a parallel demonstration program that complements the Indiana IDA program established in 1997.
Qualified participants set savings goals and make regular savings deposits. Ever dollar they save is matched, at a minimum for $3 for every $1 saved, to help them reach their goals so they can:
- Launch a new business;
- Get higher education and professional training needed to qualify for a better job;
- Purchase a new home and create thriving, stable neighborhoods; or
- Make needed repairs to a home.
Download IHCDA's IDA brochure , for additional information.
To participate in Indiana's IDA Program, at the time of application and acceptance, applicants must meet the following criteria:
- Be an Indiana resident;
- Have earned income (employment);
- Be below 175% of the Federal Poverty Guidelines, based on household size and combined household income;
- Be able to save approximately $35 a month or $400 a year, each year, up to four years; and
- Be motivated and poised to make an approved asset purchase within hte next two to four years.
For a list of organizations who administer the traditional IDA program and the counties they serve, click here. Questions regarding applying to the program should be directed to the organization serving your area.
For all other questions relating to the traditional IDA program, contact Samantha Higdon, Risk Manager, 317-234-0934.
