STATEWIDE–The Indiana Finance Authority says they are now accepting applications for the Residential Housing Infrastructure Assistance Program. It’s a low interest loan available for communities to fund projects that support residential housing development.
State Representative Doug Miller of Elkhart wrote legislation that both created and expanded this program. He says this program has added more than 3,000 housing units in the first two rounds of funding.
“Indiana communities continue to grow and we need to make sure we have the housing available to meet demand. Expanding housing access will alleviate pressure in the market and help more Hoosiers become homeowners. Over the past two years, this program has seen tremendous success, helping communities invest in housing to support Hoosier families. By streamlining the sluggish permitting process, we can speed up housing development and reduce costs for Hoosiers,” said Miller…