The Indianapolis Neighborhood Housing Partnership

What The Indianapolis Neighborhood Housing Partnership does

The Indianapolis Neighborhood Housing Partnership (INHP) is a 501(c)(3) nonprofit community development financial institution (CDFI) founded in 1988 and headquartered in Indianapolis, Indiana. It serves Marion County as a comprehensive homeownership resource for low-to-moderate-income individuals and families, offering mortgage lending products including fixed-rate conventional loans with no private mortgage insurance, Rent-Focused Mortgage Lending that prioritizes rental payment history over traditional credit scores, Revive Indy renovation-included mortgages, Market Expander buying-power programs, Bridge to Homeownership rent-to-buy pathways, down payment assistance, refinance options, and home repair loans. Beyond lending, INHP operates HUD-certified housing counseling through free online and in-person homebuyer education classes, individual advising sessions, and post-purchase support. Its community development arm includes the Equitable Transit-Oriented Development (ETOD) loan fund launched with Cinnaire, the INDI grant program distributing capital to neighborhood organizations, direct real estate development (William Penn Commons, a 39-unit senior affordable housing property), and construction partnerships with firms such as Davis Homes and Onyx + East.

INHP's technology stack is intentionally lightweight: a website-based registration portal, soft credit pull integration ($35 individual, $70 joint) for non-impacting initial financial assessments, and a secure partner referral portal that allows community organizations to register eligible clients via agency passwords. It generates revenue through a hybrid model combining foundation and corporate grants (Lilly Endowment, JPMorgan Chase, KeyBank Foundation, State Farm, Regions Foundation), federal funding via the CDFI Fund and New Markets Tax Credits, mortgage origination fees, credit report fees, individual and corporate donations, and program-related investments deployed through vehicles like the ETOD fund. Customer acquisition flows through three channels: community partnerships (referrals via nonprofit and employer networks), direct-to-consumer engagement through the website and central office, and channel partnerships with lender and real estate agent networks. The organization employs 51-100 staff and is led by President and CEO Gina Miller, with Trevor Meeks as Chief Consumer Solutions Officer and Tanya Searcy as Chief Relationship Officer. INHP holds BBB Accredited Charity status and operates exclusively within Marion County, Indiana.

Name

The Indianapolis Neighborhood Housing Partnership

Legal name

Indianapolis Neighborhood Housing Partnership, Inc.

Website

https://inhp.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Short description

The Indianapolis Neighborhood Housing Partnership (INHP) is a 501(c)(3) nonprofit CDFI founded in 1988 that provides mortgage lending, down payment assistance, home repair loans, and HUD-certified housing counseling to low-to-moderate-income individuals and families in Marion County, Indiana, while operating community development programs including the ETOD loan fund and the INDI neighborhood grantmaking program.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

akta.pro primary industry

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM)

Keywords

• Affordable housing services
• Nonprofit mortgage lending
• Homebuyer education programs
• Home repair financing
• Community development lending

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Foundation and Corporate Grants: INHP receives significant grant funding from foundations (KeyBank Foundation, Lilly Endowment, JPMorgan Chase, State Farm, Regions Foundation) and corporate partners to support affordable housing programs, ETOD initiatives, and neighborhood development.
2. Government Grants and CDFI Funding: Federal funding through CDFI Fund Rapid Response Program, New Markets Tax Credits, and city/government grants for affordable housing development and transit-oriented development.
3. Mortgage Lending Revenue: INHP offers various mortgage loan products including conventional mortgages with no PMI, down payment assistance, and specialty loans. Revenue generated through loan origination and servicing.
4. Donations: Individual and corporate donations to support the nonprofit mission of increasing affordable housing opportunities in Indianapolis.
5. Credit Report Fees: $35 for individual credit report, $70 for joint/unmarried report during registration process.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

INHP is a nonprofit community development financial institution that provides an integrated homeownership pathway for low- and moderate-income residents of Marion County, Indiana. Its offerings span homebuyer education and one-on-one advising, a portfolio of specialized mortgage products (no-PMI conventional, Rent-Focused, Revive Indy, Market Expander), down payment and closing cost assistance, refinancing, home repair loans, and neighborhood-level affordable housing development programs (ETOD, INDI grants, William Penn Commons).

Product overview

INHP offers a comprehensive homeownership ecosystem centered on mortgage lending and financial education. The core product is mortgage lending including conventional fixed-rate mortgages with no PMI, supplemented by specialized programs: Revive Indy (construction/renovation), Market Expander (buying power assistance), Rent-Focused Mortgage Lending (rental history as credit), and Bridge to Homeownership (rent-to-buy). Down Payment Assistance and Refinance options support the full homeownership lifecycle. Education services through Classes and Advising prepare buyers for homeownership, while Home Repair Loans sustain existing homeowners. Community programs including ETOD, the INDI Grant Program, and William Penn Commons senior housing extend impact beyond individual lending. The portfolio works as an integrated system guiding clients from initial education through purchase and ongoing homeownership support.

Differentiator

Problem solved

Functional benefit

Products and services

• Mortgage Lending Core mortgage lending offering providing fixed-rate conventional mortgages with no PMI plus access to closing cost and down payment assistance for home purchases in Marion County.
• Revive Indy A fixed-rate mortgage that includes construction dollars so buyers can make their own repairs or serve as the general contractor on their home.
• Market Expander An innovative mortgage program that helps buyers increase their buying power while keeping their mortgage payment affordable.
• Rent-Focused Mortgage Lending A program that turns rental history into a home loan approval, prioritizing positive rental history versus a traditional credit score; zero money down with $500 minimum closing cost contribution, income below 120% AMI, 24 consecutive months on-time rental payments, minimum 620 credit score.
• Down Payment Assistance Financial assistance programs to help homebuyers cover down payment costs when purchasing a home.
• Refinance Mortgage refinance options including Affordable-Rate-Exterior-Appraisal (AREA) Refinancing for existing homeowners.
• Bridge to Homeownership A rent-to-buy program offering added financial stability for prospective homebuyers transitioning from renting.
• Classes and Advising Online and in-person homebuyer education classes plus individual advising to help clients prepare for homeownership, build budgets, improve credit, and save for down payments.
• Home Repair Loans Loans for home repairs offered to qualified homeowners, some with no monthly payment or out-of-pocket expense when funding is available.
• William Penn Commons An affordable apartment community on Indianapolis' west side with 39 units for adults 55 and older, owned by INHP and managed by West Indianapolis Development Corporation.
• Equitable Transit-Oriented Development (ETOD) Program to create and preserve affordable housing near transit lines, with a goal of 1,000 affordable units for low to moderate-income families in Marion County.
• INDI Grant Program Grant program distributing funds to neighborhood-serving organizations for affordable housing preservation and development across Marion County.
• Homes for Sale INHP-developed homes available for purchase by eligible buyers in Marion County neighborhoods.

Quantifiable outcome

• 100th affordable home completed in 7 years
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• CinnairecoreStrategic or Co-development PartnerINHP collaborated with Cinnaire to launch Indianapolis' first $15 million Equitable Transit-Oriented Development (ETOD) loan fund to preserve or develop affordable housing along mass transit lines.
• Onyx + EastmajorStrategic or Co-development PartnerDevelopment partner for Arnold Place, a 33-unit townhome project at 2444 Winthrop Ave. Project includes both market rate and income-based affordable units (up to 80% AMI).
• West Indianapolis Development CorporationcoreImplementation/ SI/ Consulting PartnerWIDC serves as property management company for William Penn Commons, INHP-owned affordable apartment community for older adults. Both are committed to keeping rent affordable for eligible residents.
• Davis HomesmajorStrategic or Co-development PartnerConstruction partner working with INHP and Mayor Hogsett to build new affordable single-family homes in Old Southside neighborhood.
• City of Indianapolis / Mayor Joe HogsettcoreStrategic or Co-development PartnerINHP partners with city on ETOD program, Lift Indy initiative, and goal to transform 2,000 abandoned houses into viable community assets. City awarded INHP INDI grants for neighborhood development.
• La PlazaminorChannel Partner/ Reseller/ DistributorCommunity organization that connected clients like Edwin's family to INHP services during the pandemic and beyond.
• Big Car CollaborativeminorStrategic or Co-development PartnerINHP partnered with Big Car Collaborative and Riley Area Development Corporation to fund an artist colony, recognized by U.S. Treasury CDFI Fund.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Habitat for Humanity of Greater Indianapolis: Local Habitat affiliate serving Marion County with affordable homeownership programs. Closest direct peer to INHP as a fellow nonprofit affordable housing provider operating in the same geography with a similar mission of expanding homeownership access for low- and moderate-income families through subsidized lending and sweat-equity development.
• Cinnaire: Mission-driven CDFI that collaborates with INHP on the $15M ETOD loan fund and provides New Markets Tax Credit financing. Operates as a peer CDFI with overlapping mission of affordable housing and community development financing across the Midwest, with comparable loan products and similar funder base.
• Local Initiatives Support Corporation (LISC): National CDFI with deep Indianapolis presence that provides affordable housing financing, community development lending, and capacity building for local partners. Operates with the same nonprofit CDFI model as INHP and shares the affordable housing mission, while having larger capital access and broader geographic footprint.
• Reinvestment Fund: National CDFI that finances affordable housing, healthy food access, education, and community development. Operates with a similar nonprofit model focused on lending to underserved markets, with comparable products (mortgage lending, NMTC deployment, mission-aligned grantmaking) and a similar funder base.
• Self-Help Ventures Fund: CDFI arm of the Center for Community Self-Help that provides mortgage lending to low-income and underserved borrowers. Operates a similar nonprofit CDFI model focused on affordable mortgage origination, credit-challenged borrower lending, and community development financing, with comparable scale and product mix.
• Housing Partnership Network: National collaboration of 100+ high-performing affordable housing and community development nonprofits, of which INHP is a member. Peer network that provides NMTC financing and other capital support for member organizations doing similar affordable housing and community development work.

Broad incumbents

• NeighborWorks America: National network of 248+ affordable housing and community development nonprofits, including local affiliates like NeighborWorks of Indianapolis that operate with similar missions. INHP shares the affordable housing counseling, lending, and development model with NeighborWorks affiliates but operates outside the formal network.
• Enterprise Community Partners: National nonprofit affordable housing organization that invests capital, develops policy, and partners with local organizations across multiple geographies. Comparable in mission and many product lines (development, lending, policy), though operates at significantly larger scale and broader geographic footprint than INHP.

Regional players

• Indiana Housing and Community Development Authority: Indiana's state housing finance agency that administers federal housing programs, allocates Low-Income Housing Tax Credits, and provides affordable housing financing statewide. Comparable in mission and constituent base, though operates as a government agency at broader state level rather than as a single-city nonprofit.

Others

• Opportunity Finance Network: National membership organization and intermediary for CDFIs, providing capital, policy advocacy, and peer learning. INHP is a member CDFI; while not a direct competitor, OFN shapes the ecosystem in which INHP operates and provides comparable capital sources and best practices across the CDFI industry.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/INHPconnect
• LinkedInlinkedin.com/company/indianapolis-neighborhood-housing-partnership
• Xx.com/inhp_home

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Indianapolis Neighborhood Housing Partnership