IHCDA/IFPN

Indiana Housing and Community Development Authority Program - 'Next Home'

Among the programs IHCDA has to offer is the new 'Next Home' product. Details of this have been completed and will be posted soon on this site.

Market Stabilization Program (MSP)

As part of the Housing and Economic Recovery Act of 2008, over $151M was allocated to Indiana as part of the national Market Stabilization Program. Of this, over $33M is available for the purchase and renovation of foreclosed and abandoned homes, up to $15,000/house! For more information on this program click on the link below:

IN.gov Market Stabilization

Additionally, to determine if a property that is listed for sale is eligible to be purchased under this program, click on the link below and then input the address of the property. This will provide you with the answer:

Indiana Housing Now.org Program GISLookup

IMBA supports the MSP and encourages you to contact one of our lender members to learn more and to see if you can qualify for this great program

Indiana Pre-Suit and Settlement Conferences

The final version of the Indiana Pre-Suit and Settlement Conference Notices required to be prescribed by the Authority, along with instructions for their use, were posted in June. The Notices and Instructions are located at:

IN.gov Public Notices

Indiana Foreclosure Prevention Network Resources

Indiana Mortgage Foreclosure Rate

This study was issued by the Indiana Mortgage Bankers Association on January 9, 2003.

Click here to open the document.

The final report includes a draft of a bill that would add additional requirements for mortgage broker licensing and regulation. It is likely that other legislation will be introduced as a result of the final report. The final report of the Study Committee is independent of the legislation that is being considered by Congress, and any legislation that Congress enacts may affect what the Indiana General Assembly does when it convenes in January 2008.

Market Stabilization Program (MSP)

As part of the Housing and Economic Recovery Act of 2008, over $151M was allocated to Indiana as part of the national Market Stabilization Program. Of this, over $33M is available for the purchase and renovation of foreclosed and abandoned homes, up to $15,000/house! For more information on this program click on the link below:

IN.gov Market Stabilization

Additionally, to determine if a property that is listed for sale is eligible to be purchased under this program, click on the link below and then input the address of the property. This will provide you with the answer:

Indiana Housing Now.org Program GISLookup

IMBA supports the MSP and encourages you to contact one of our lender members to learn more and to see if you can qualify for this great program

Indiana Pre-Suit and Settlement Conferences

The final version of the Indiana Pre-Suit and Settlement Conference Notices required to be prescribed by the Authority, along with instructions for their use, were posted in June. The Notices and Instructions are located at:

IN.gov Public Notices

Indiana Foreclosure Prevention Network Resources

Indiana Mortgage Foreclosure Rate

This study was issued by the Indiana Mortgage Bankers Association on January 9, 2003.

Click here to open the document.