Indiana Programs

Government Grants & Incentives for Real Estate Investors in Indianapolis

Indianapolis offers some of the most affordable entry points for real estate investors in any major metro, combined with Indiana Housing and Community Development Authority's LIHTC program and local tax abatement incentives.

24 designated tracts
Opportunity Zones
$1,030
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

Indiana Housing and Community Development Authority (IHCDA)

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Public Housing Authority

Indianapolis Housing Agency (IHA)

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Local Programs

Indianapolis Government Incentive Programs

These programs are available specifically to investors and developers in the Indianapolis, IN market.

Indianapolis Tax Abatement Program

Real and personal property tax abatements for new construction and rehabilitation in designated areas.

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IHCDA LIHTC Program

Indiana allocates LIHTC credits with a QAP that favors mixed-income developments and projects in high-need areas.

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Renew Indianapolis

Land bank program transferring vacant and abandoned properties to developers for affordable housing at below-market costs.

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Marion County CDBG/HOME

Federal community development funds distributed through the City of Indianapolis for housing and neighborhood improvement.

LIHTC Tax Credits in Indiana

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Indiana, credits are allocated by IHCDA.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Indiana Allocator

Credits are allocated by IHCDA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View IHCDA LIHTC Program
Investor Tips

Why Invest in Indianapolis?

Some of the lowest acquisition costs of any major metro in the U.S.

Renew Indianapolis provides below-market properties for redevelopment

Tax abatements reduce holding costs on new construction

24 Opportunity Zones with significant appreciation potential

Finance Government-Incentivized Properties in Indianapolis

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Indianapolis.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Indianapolis's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Indianapolis

Tell us about your Indianapolis investment plans. We'll match you with the best financing options within 24 hours.

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