Initiative focusing on affordable housing, potentially offering funding opportunities.
1. Pre-Application: Developers and housing agencies submit initial project proposals.
2. Application Submission: Detailed application including project plans, financing details, and affordability strategies.
3. Review and Approval: Indiana Housing Now reviews applications, considering the project's impact on affordable housing.
4. Funding Allocation: Approved projects receive funding based on their proposed plans and financing strategies.
5. Project Implementation: Developers and housing agencies implement the affordable housing projects according to approved plans.