Residential Infrastructure Fund (RIF)
Funding Amount
Up to $11,000,000
Deadline
Deadline not published
Grant Type
Foundation
Deadline history & next window
- Cycle
- Every two years
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Indiana communities demonstrating need for additional housing inventory
- Communities experiencing local job growth
- Priority: Communities with housing-friendly zoning; 70% of funding allocated to communities with population less than 50,000
Overview
A low-interest loan program established by the Indiana General Assembly in 2023 to support infrastructure projects related to residential housing development in Indiana communities.
Geographic Scope: Indiana communities statewide
Funding Details:
- Total Allocation: $75 million over the biennium (2023-2025)
- Loan Structure: Low-interest loans to finance infrastructure projects
- Award Range: Individual awards range from $600,000 to $11,000,000
Eligibility:
- Indiana communities demonstrating need for additional housing inventory
- Communities experiencing local job growth
- Priority: Communities with housing-friendly zoning; 70% of funding allocated to communities with population less than 50,000
Program History:
- Round 1 (June 2024): 11 communities approved for $51 million in loans
- Round 2 (March 2025): 12 communities approved for over $31 million in loans
Contact Information:
- Program Director: Sherry Seiwert, RIF Program Director
- Phone: (317) 653-5194
- Email: sseiwert1@ifa.in.gov
- Administrator: Indiana Finance Authority (IFA)
What Indiana Builders Association Inc actually gave
Source: IRS Form 990, 2022 — the most recent filing with itemized grants
- Grants in 2022
- 1
- Total given
- $250K
- Median grant
- $250K
- By dollars: Indiana 100%. Top recipient cities: Indianapolis, IN.
Example grants
Building a Better Indiana Inc · Indianapolis, IN
Formation
$250K
Focus Areas & Funding Uses
Fields of Work
- Housing
- Affordable housing
- Community development
Categories
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