Mapleton-Fall Creek Development Corporation
Mapleton-Fall Creek Development Corporation is an Indianapolis-based 501(c)(3) community development corporation founded in 1985 that provides affordable housing, home repair loans, matched-savings programs, financial literacy workshops, pocket parks, and economic development services to residents of six Mid-North neighborhoods.
- Company typePrivate
- Founded1985
- HeadquartersIndianapolis, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Mapleton-Fall Creek Development Corporation does
Mapleton-Fall Creek Development Corporation (MFCDC) is an Indianapolis-based 501(c)(3) community development corporation founded in 1985 through a coalition of five local churches and the Mapleton-Fall Creek Neighborhood Association. The organization delivers affordable housing programs — homeownership sales to households earning below 80% of area median income, 30-year 0% interest home repair loans, and rental units managed through Absolution Property Management — alongside Individual Development Accounts (a four-year matched-savings program with a 3:1 State of Indiana match up to $4,000), financial literacy workshops, three neighborhood pocket parks, and economic development initiatives including commercial facade grants administered via LISC. MFCDC operates with a confirmed staff of two (CEO David Bacon and Construction & Project Manager Nicholas Biddinger) from its headquarters at 3190 N. Meridian St. and serves six Mid-North Indianapolis neighborhoods.
The business model is non-profit and grant-dependent, with revenue drawn from individual and corporate donations (processed via Donorbox), foundation grants (Indianapolis Foundation, Central Indiana Community Foundation), federal and local government funding (HUD, City of Indianapolis Great Places 2020 / LIFT Indy), pass-through program administration (INHP homeownership products, LISC facade grants), home repair loan portfolios, and episodic property sales and rental income. Distribution is direct-to-resident for housing programs, channel-partnered through Absolution Property Management for rentals, and coordinated with 20+ organizational partners (churches, neighborhood associations, INHP, LISC, Habitat for Humanity, Children's Museum, Raphael Health Center, Citizens Energy Group, Keep Indianapolis Beautiful, IndyGo) for community programming. Marketing relies on community events, volunteer days (Lilly Day of Service, Indy DO Day), email newsletters, and earned media coverage from Fox59, IndyStar, IBJ, and Indy Midtown Magazine rather than paid acquisition channels.
Mapleton-Fall Creek Development Corporation firmographics
Firmographics- Name
- Mapleton-Fall Creek Development Corporation
- Legal name
- Mapleton-Fall Creek Development Corporation
- Website
- https://mfcdc.org
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mapleton-Fall Creek Development Corporation is an Indianapolis-based 501(c)(3) community development corporation founded in 1985 that provides affordable housing, home repair loans, matched-savings programs, financial literacy workshops, pocket parks, and economic development services to residents of six Mid-North neighborhoods.
- Ownership category
- akta.pro rank
Mapleton-Fall Creek Development Corporation industry classification
Industry- Product category
- Community Development and Affordable Housing
- NAICS
- Other Community Housing Services (624229), Administration of Urban Planning and Community and Rural Development (92512), New Housing For-Sale Builders (236117)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs (FSALAKAJ)
Keywords
Where Mapleton-Fall Creek Development Corporation is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Mapleton-Fall Creek Development Corporation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Donations and Grants: As a non-profit 501(c)(3) organization founded in 1985, MFCDC relies on donations from individuals and organizations, as well as grants from government agencies and foundations to fund housing programs, community development, and neighborhood revitalization efforts.
- Property Sales and Rentals: MFCDC develops and sells affordable homes to qualified buyers earning less than 80% of area median income. They also manage rental properties through Absolution Property Management. Revenue supports the organization's housing programs and operational costs.
- Home Repair Program Services: Provides 30-year, 0% interest home repair loans to low-to-moderate income homeowners in their catchment area. While no payments are required, this program supports housing stability and enables continued neighborhood revitalization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Subsidized home purchase eligibility for households earning below 80% AMI |
| Other | Multi-year contract | 30-year 0% interest home repair loan with no payments required |
| Subscription | Annual | Individual Development Account (IDA) matched savings program |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Mapleton-Fall Creek Development Corporation product offering
Product offeringCore offering
Mapleton-Fall Creek Development Corporation provides affordable housing programs (homeownership sales for households earning below 80% of area median income, 30-year 0% interest home repair loans, and rental property management through Absolution Property Management), Individual Development Account matched-savings program, financial literacy workshops, three neighborhood pocket parks, and economic development initiatives for residents of the Mapleton-Fall Creek and surrounding Mid-North Indianapolis neighborhoods.
Product overview
Mapleton-Fall Creek Development Corporation offers a portfolio of community development programs centered on affordable housing, financial empowerment, economic development, and neighborhood revitalization. The core offerings include Housing Programs (homeownership assistance and home repairs with subsidized loans), Individual Development Accounts (matched savings program), Financial Literacy Workshops, three Pocket Parks, and an Economic Development initiative. Programs are connected through the organization's 20/21 Vision Plan and operate in partnership with local, statewide, and national organizations. The organization also provides an online donation portal and publishes a newsletter to engage the community.
Differentiator
Problem solved
Functional benefit
Products and services
- Housing Programs Affordable housing programs offering homeownership assistance, 30-year 0% interest home repair loans, and rental assistance for low-to-moderate income residents in the Mapleton-Fall Creek area.
- Individual Development Accounts (IDA) A four-year matched-savings program where the State of Indiana matches $3 for every $1 saved (up to $250/year), helping participants achieve self-sufficiency through financial literacy and asset generation for education, job training, vehicle purchase, home purchase, small business, or home improvements.
- Financial Literacy Workshops Financial education workshops moderated by banking partners covering budgeting, saving, credit building and repair, and housing decisions for community residents.
- Homeowner Repair Program 30-year, 0% interest loan program for critical maintenance and repairs including roofs, gutters, sewers, windows, and accessibility modifications for seniors and people with disabilities, available to homeowners in the MFCDC catchment area.
- Pocket Parks Three neighborhood pocket parks located at 2900 Park Avenue, 3000 Ruckle Street, and 3100 New Jersey Street, featuring trails, walkways, benches, and playground equipment for community use.
- Economic Development Program Economic development initiatives including the 20/21 Vision Plan addressing urban blight, commercial facade improvement grants through LISC (50% rebate, $1,000-$20,000), and Great Places 2020 livability goals.
- Rental Housing Management Rental housing available through Absolution Property Management, which handles tenant inquiries and property management for available rental units in the Mapleton-Fall Creek area.
Companies that use Mapleton-Fall Creek Development Corporation
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Mapleton-Fall Creek Development Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mapleton-Fall Creek Development Corporation partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered core, secondary and minor.
- North United Methodist ChurchcoreFounding partner from 1985; representative Taylor Kirklin serves on MFCDC Board; church outreach committee co-chaired by CEO David Bacon
- Tabernacle Presbyterian ChurchcoreFounding partner from 1985; representative Michael O'Banyel serves on MFCDC Board
- Broadway United Methodist ChurchcoreFounding partner from 1985; representative Janessa Jones serves on MFCDC Board
- Our Redeemer Lutheran ChurchcoreFounding partner from 1985
- Trinity Episcopal ChurchcoreFounding partner from 1985; representative Taylor Kirklin serves on MFCDC Board; CEO David Bacon serves as co-chair of outreach committee
- Indianapolis Neighborhood Housing Partnership (INHP)coreProvides Home Value Guaranty and Rehab Match homeownership programs in Mapleton-Fall Creek. HVG guarantees 5% appreciation above total cost after 7 years. Rehab Match provides up to $15,000 in matching funds for qualified homebuyers.
- Local Initiatives Support Corporation (LISC)coreProvides Small Business Facade and Property Improvement matching grants (50% rebate, $1,000-$20,000). LISC has made grant funds available for commercial facade improvements. MFCDC serves as fiscal agent for for-profit applicants.
- Children's Museum of IndianapolissecondaryProvides free museum membership to all Mapleton-Fall Creek residents through the Children's Neighborhood Club program
- Habitat for Humanity IndianapolissecondaryCommunity partner supporting housing development and neighborhood revitalization efforts
- City of IndianapoliscoreGovernment partner; MFCDC serves as implementing partner for Great Places 2020 Livability goals; part of LIFT Indy Neighborhood initiative; partners on various urban renewal projects
- U.S. Department of Housing and Urban Development (HUD)secondaryFederal government partner supporting housing programs and community development initiatives
- Citizens Energy GroupsecondaryUtility company partner supporting community development in the Mapleton-Fall Creek area
- TCB Inc.minorCommunity partner organization
- Raphael Health CenterminorHealthcare partner providing services to the Mapleton-Fall Creek community
- Mid-North Church CouncilsecondaryCoordinates church-based community initiatives across the Mid-North neighborhoods
- Mapleton-Fall Creek Neighborhood AssociationcoreCo-founding organization; Vice Chair KT White serves as neighborhood association representative on MFCDC Board
- Historic Meridian Park Neighborhood AssociationsecondaryPartner neighborhood association; representative Dan Clerget serves on MFCDC Board
- Watson Park Neighborhood AssociationsecondaryPartner neighborhood association; representative Bryan Hannon serves on MFCDC Board
- Indiana Association for Community Economic DevelopmentminorStatewide association supporting community economic development efforts
- Keep Indianapolis BeautifulminorEnvironmental partner supporting neighborhood beautification and green initiatives
- IndyGominorPublic transportation partner improving mobility in the Mapleton-Fall Creek area
- MIBOR (Metropolitan Indianapolis Board of REALTORS)minorReal estate trade organization supporting property sales in the area
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Mapleton-Fall Creek Development Corporation competitors and assessment
Company assessmentDirect peers
- Rebuilding Together Indianapolis: Indianapolis affiliate of the national Rebuilding Together network, providing critical home repairs for low-income homeowners — directly comparable to MFCDC's 30-year 0% home repair loan program.
- Near East Side Community Organization (NESCO): Indianapolis-based community development corporation operating with a similar neighborhood revitalization, housing, and resident-led model on the city's east side. Closely comparable nonprofit CDC structure serving a defined Indianapolis geography.
- Keep Indianapolis Beautiful: Indianapolis-based nonprofit focused on neighborhood beautification, vacant lot transformation, and community greening — closely comparable to MFCDC's pocket parks program. Active partner relationship also exists between the two organizations.
- Indianapolis Neighborhood Housing Partnership (INHP): Indianapolis-based nonprofit providing homebuyer education, housing counseling, and affordable housing programs in Marion County. INHP is both an MFCDC partner and a functional peer in the local affordable housing ecosystem.
- Eastside Community Development Corporation: Indianapolis-based CDC focused on the city's east side, with overlapping affordable housing, economic development, and neighborhood revitalization programming. Similar nonprofit structure and program mix to MFCDC.
- Riverside Community Development Corporation: Indianapolis-based CDC serving the Riverside/Lafayette Square area with housing, economic development, and community-building programs. Closely mirrors MFCDC's structure, scale, and programmatic mix.
- Habitat for Humanity of Greater Indianapolis: Indianapolis affiliate of Habitat for Humanity, focused on affordable homeownership construction and repair (similar A Brush with Kindness program). Directly comparable mission on affordable home construction and rehabilitation for low-income households.
Others
- Central Indiana Community Foundation (CICF): Regional community foundation that funds community development and housing initiatives in Indianapolis — including MFCDC. Functions as a peer within the local community development ecosystem primarily as a funder rather than operator.
Broad incumbents
- Local Initiatives Support Corporation (LISC) Indianapolis: LISC is both a partner (providing facade grants) and a broader, national-scale community development funder operating in Indianapolis. Comparable mission of community development and affordable housing but at a much larger, multi-city scale.
- Enterprise Community Partners: National nonprofit focused on affordable housing and community development, with programmatic overlap on place-based neighborhood revitalization. Operates at substantially larger scale than MFCDC.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Mapleton-Fall Creek Development Corporation social profiles
Digital presenceMapleton-Fall Creek Development Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mapleton-Fall Creek Development Corporation leadership team
Management profileNumber of profiles
Profiles2 records
Mapleton-Fall Creek Development Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mapleton-Fall Creek Development Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mapleton-Fall Creek Development Corporation
What does Mapleton-Fall Creek Development Corporation do?
Mapleton-Fall Creek Development Corporation provides affordable housing programs (homeownership sales for households earning below 80% of area median income, 30-year 0% interest home repair loans, and rental property management through Absolution Property Management), Individual Development Account matched-savings program, financial literacy workshops, three neighborhood pocket parks, and economic development initiatives for residents of the Mapleton-Fall Creek and surrounding Mid-North Indianapolis neighborhoods.
Is Mapleton-Fall Creek Development Corporation a public or private company?
Mapleton-Fall Creek Development Corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Mapleton-Fall Creek Development Corporation founded?
Mapleton-Fall Creek Development Corporation was founded in 1985. It employs 1 to 10 people.
Where is Mapleton-Fall Creek Development Corporation based?
Mapleton-Fall Creek Development Corporation is headquartered in Indianapolis, United States, in the North America region.
How does Mapleton-Fall Creek Development Corporation make money?
Three revenue lines are on record. Donations and Grants are the primary driver. The others are property Sales and Rentals and home Repair Program Services.
Who are Mapleton-Fall Creek Development Corporation's main competitors?
Direct peers on record are Rebuilding Together Indianapolis, Near East Side Community Organization (NESCO), Keep Indianapolis Beautiful, Indianapolis Neighborhood Housing Partnership (INHP), Eastside Community Development Corporation, Riverside Community Development Corporation and Habitat for Humanity of Greater Indianapolis. Central Indiana Community Foundation (CICF) is listed as an others. Broad incumbents are Local Initiatives Support Corporation (LISC) Indianapolis and Enterprise Community Partners.
Does Mapleton-Fall Creek Development Corporation have an API?
No public API is recorded for Mapleton-Fall Creek Development Corporation.
What industry is Mapleton-Fall Creek Development Corporation in?
Mapleton-Fall Creek Development Corporation's product category is Community Development and Affordable Housing. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAIANAE, Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives). Its NAICS code is 624229 and its SIC code is 6552.