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Equitable Transit-Oriented Development (ETOD) Fund

Indianapolis Neighborhood Housing Partnership Inc

Foundation One-time Grants for NonprofitsAffordable Housing GrantsHousing Grants for NonprofitsTransportation Grants
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Funding Amount

$500,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Equitable Transit-Oriented Development (ETOD) Fund

Funder: JPMorgan Chase (grant to INHP)

Administrator: Indianapolis Neighborhood Housing Partnership Inc (INHP)

Geographic Scope: Indianapolis and Marion County, Indiana; focused on areas within a quarter-mile of transit lines

Focus Areas:

  • Affordable housing near transit lines

  • Equitable transit-oriented development

  • Housing preservation and development near IndyGo bus rapid transit lines

  • Prevention of gentrification

  • Equitable access to employment, education, and healthcare

    • Fund Goals:

  • Preserve or develop 1,000 affordable housing units within a quarter-mile of a transit line

  • Enable equitable access to jobs, education, and healthcare

  • Prevent gentrification

  • Support vibrant local economy development

  • Address housing cost burden (moderate-income families spend nearly 60% of income on housing and transportation)

    • Program Structure:

  • Initial $500,000 grant from JPMorgan Chase to activate the fund

  • Will include additional private- and public-sector support

  • Part of INHP and JPMorgan Chase's nearly 30-year partnership to support working families and neighborhood redevelopment

    • Contact: INHP.org

    Additional Information:

  • Initiative launched to address IndyGo's bus rapid transit line expansion

  • Focuses on creating equitable development opportunities for Indianapolis and Marion County

    • Focus Areas & Funding Uses

    Fields of Work

    nonprofitsaffordable-housinghousingtransportation

    Categories

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