Community Multiplier – Member Match Program

Community Multiplier – Member Match Program is sponsored by Community First Bank of Indiana (in partnership with FHLBank Indianapolis). This program is designed to boost local support for affordable housing initiatives.

Community Multiplier - Member Match Program Community Multiplier – Member Match Program Community Multiplier is a flexible grant program designed to help member financial institutions support local community needs outside of the programs and products already offered by the Bank.

Community Multiplier provides matching grants that member financial institutions may use to support nonprofit organizations working on affordable housing initiatives in the priority areas defined below. The member financial institution will commit a minimum 25% match to FHLBank Indianapolis funds. Notice of Intent due Aug.

4 Awards announced Sept. 22 The 2026 Community Multiplier – Member Match program training is now available. View the recording below or click here for the slide deck .

Community Multiplier – Member Match recipients We're thrilled to share the news about our Community Multiplier grants! In 2025, our member financial institutions presented more than $5. 6 million in matched grant funds to housing-focused non-profit organizations across Indiana and Michigan.

Click below for a list of Community Multiplier recipients by state.

Indiana Recipients Michigan Recipients Getting started with Community Multiplier Priority areas Community Multiplier matching grants support nonprofit organizations based in Indiana or Michigan who are mission-aligned to provide or support new construction or preservation of affordable housing and who are working on initiatives within one or more of the below Priority Areas.

See the 2026 Program Guide for more information on impact reporting guidelines and required metrics. Emerging affordable housing developers Programs that support real estate developers who have not previously been funded by FHLBank Indianapolis and are new to the housing industry (less than 2 years in industry) that support expanding the construction or preservation of affordable housing units.

Support may include pre-development, capacity building, or project-specific activities that advance projects to construction.

Housing stability and supportive services Services that improve housing stability and retention for residents of affordable housing developments, including case management, healthcare, mental health services, substance abuse counseling, employment support or child welfare, where such services strengthen project viability, resident outcomes and long-term affordability.

Housing counseling and education Programs that prepare current and prospective renters and homeowners to access, maintain, and sustain affordable housing, including pre- and post-purchase counseling, rental readiness, foreclosure prevention, heirs’ property education and counseling that supports the long-term affordability of housing units.

Organizational capacity for rural affordable housing delivery Operational funding for affordable housing organizations that are expanding or sustaining their ability to develop, preserve, or manage affordable housing, limited to organizations serving at least one rural nonmetro county as identified in the "Metropolitan (metro) and nonmetropolitan (nonmetro) counties, 2023" map from USDA.

Organizations working in rural counties are not subject to prior funding restrictions. Community land trusts and shared-equity models Community-driven organizations that acquire, develop, or steward land and housing to ensure permanent affordability, including support for new construction, rehabilitation, and long-term preservation of affordable homes.

Heirs’ property and title resolution Legal services, mediation, housing counseling, and technical assistance that assist families and communities in resolving heirs’ property issues, clearing tangled or clouded titles and establishing clear ownership, where such efforts preserve existing affordable housing, prevent loss of homes or enable rehabilitation, financing or redevelopment.

Community Multiplier materials Program guidelines and information 2026 Program guide Community Multiplier Notice of Intent Community Multiplier Intake form Community Multiplier resources 2026 Community Multiplier program overview . GIVES Logins and User Guides