Provides funding and incentives for affordable housing projects and community development.
1. Pre-Application Consultation: Consult with IHCDA staff to understand funding options.
2. Application Submission: Submit application with project details, budget, and financing plan.
3. Review and Approval: IHCDA reviews applications and approves projects based on criteria.
4. Agreement: Sign a funding agreement with IHCDA outlining project terms and conditions.
5. Project Implementation: Implement the approved project according to the agreement.
6. Compliance: Ensure compliance with funding regulations and reporting requirements.