Housing

We make safe, attractive housing available to homeowners and renters of low to moderate income levels.

Home Repair Assistance Program

Our home repair program makes houses safe and livable for low to moderate income homeowners. It allows seniors to age in place, people with disabilities to maintain independence, and families to live with dignity.

This program covers the cost of critical maintenance and repairs to roofs, gutters, sewers, windows, and more. We also help residents who are aging or disabled receive handrails, smoke detectors, and yard work.

Donate to the Home Repair Assistance Program.

Eligibility

To qualify for home repair assistance, you must own and live in your home, pay your property taxes, and earn below 80 percent of Marion County’s median income.

Apply for our homeowner repair program:

MFCDC OOR application 2018

HoUSE

Join us for HoUSE, or Homeownership Ultimate Social Event, our monthly informational session about moving to Mapleton-Fall Creek. Enjoy a catered dinner, talk to financial experts, see homes for sale, and hear about life in Mapleton-Fall Creek from residents. See our calendar for dates, times, and locations.

INHP Homeownership programs

Indianapolis Neighborhood Housing Partnership® (INHP) is offering two unique homeownership incentive programs: Home Value Guaranty and Rehab Match. Click here to learn more about INHP’s programs.

Home Value Guaranty®
Indianapolis Neighborhood Housing Partnership’s (INHP) Home Value Guaranty (HVG) program incentivizes homebuyers to invest in designated areas within five Indianapolis neighborhoods: Crown Hill, Mapleton-Fall Creek, Riverside, St. Clair Place and Englewood.

The program guarantees that after seven years, your home will appreciate 5 percent above the total cost to purchase and repair it. 


You can purchase:

  • A vacant or abandoned home that needs extensive repairs.
  • A new or rehabbed home put on the market by a local community-based organization or developer.
  • An empty lot for building a home.

View the HVG program brochure.

Eligibility
You are eligible if you earn up to 120% of HUD’s Area Median Income (AMI).

Take advantage of INHP’s outstanding loan offerings:

  • 3% down payment
  • Low-interest loan
  • 20-year loan option

Learn more and apply at www.INHP.org/hvg.

Rehab Match®
INHP’s Rehab Match program provides “sweat equity” to skilled homebuyers. If you purchase a vacant or abandoned home in designated areas within five Indianapolis neighborhoods and personally complete INHP-approved repair projects to your home, you can have your efforts matched up to $15,000. Participating neighborhoods include: Crown Hill, Mapleton-Fall Creek, Riverside, St. Clair Place and Englewood.

View the Rehab Match program brochure.

Eligibility

You are eligible if you earn up to 120% of HUD’s Area Median Income (AMI).

Take advantage of INHP’s outstanding loan offerings:

  • 3% down payment
  • Low-interest loan
  • 20-year loan option

Learn more and apply at www.INHP.org/rehab-match

Curb Appeal Fund

MFCDC cares for dozens of properties in Mapleton-Fall Creek and the surrounding neighborhoods, but we can’t do it alone. The Curb Appeal Fund supports our beautification efforts: sweeping streets, mowing lawns, removing trash, and edging sidewalks. 

These improvements go beyond surface level. By improving the neighborhood’s curb appeal, we increase quality of life for homeowners and raise average home values.

We rely on your support to continue our work. Donate now.

Individual Development Account

An IDA, or Individual Development Account, is a four-year, matched-savings program designed to assist individuals in achieving self-sufficiency through financial literacy and asset generation. For each dollar you save, up to $250 a year, the State of Indiana will match it with three dollars. This means if you successfully save $250, then the State will match it with $1,000, totaling a combined savings of $4,000 over the four-year period.

You can use this money to further your education, enroll in a job training program, purchase a vehicle, buy a home, start a small business, or pay for essential home improvements.

Visit the Indiana Housing and Community Development Authority website to learn more, or click here to download the application. You can contact Courtney Goodwyn, MFCDC’s Housing Director, at 317-800-6610 or courtney@mfcdc.org.

Support Our IDA Program and Save Money

Tax credits make donating to nonprofit organizations, like Mapleton-Fall Creek Development Corporation, even more attractive because not only does the money go toward a good cause, it actually puts money back into the donor’s pocket.

Any donor contributing $100 or more will receive a credit for 50% of their donation when filing their Indiana State tax return. The contribution can also be used as a deduction on their Federal tax return.

 

 

Eligible donors include any person, business, or organization that has an Indiana income tax liability. Donors can make contributions over a period of time as long as it is in the same calendar year.

How do I sign up?

  1. Contact Courtney Goodwyn at (317) 800-6609 or courtney@mfcdc.org to see if IDA tax credits are still available.
  2. Fill out the necessary Donor Contribution Form.
  3. Return the completed form with your donation to Mapleton-Fall Creek Development Corporation (3190 North Meridian St, Indianapolis, IN 46208).

Your donation can be made by check or credit card. You can donate through our website. If you have any questions about the program, please don’t hesitate to call.

Thank you in advance for supporting our IDA Program!