Indiana Housing and Community Development Au Awards Financial Services Contract to Advantage Housing Inc (April 2026)

IHCDA’s Board approved a zero-interest HOME CHDO Predevelopment Seed Money loan of up to $9,400 to Advantage Housing, Inc. for predevelopment costs on a Wabash homebuyer housing project. The 24‑month loan supports architectural and legal work and may be partially or fully forgiven under HOME guidelines.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $9,400.00

Contract type

FINANCIAL_SERVICES

Contract term

24 months

Renewal

Loan carries a 24‑month repayment term at 0% interest and may be repaid from construction financing or project income; IHCDA may forgive the loan in whole or part if development impediments occur beyond the CHDO’s control. No renewal option is specified.

Document type

Minutes

Source document

Indiana Housing and Community Development Authority Minutes 2026-04-23

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Indiana Housing & Community Development Authority Meeting Agenda April 2026

nap_credit_allocations_report.pdf

APPROVED

Housing Authority of the city of Elkhart, Indiana$11,399.00Jan 1, 2024

approved_award_city_list.pdf

AWARDED

Housing Authority of the city of Elkhart, Indiana$10,403.00Jan 1, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Indiana Housing and Community Development Au?

Advantage Housing Inc was awarded this financial services contract by Indiana Housing and Community Development Au, as recorded on April 23, 2026. The contract value is Not to exceed $9,400.00.

How much is the Advantage Housing Inc contract with Indiana Housing and Community Development Au worth?

The Advantage Housing Inc contract with Indiana Housing and Community Development Au is valued at Not to exceed $9,400.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Indiana Housing and Community Development Authority Minutes 2026-04-23 (Minutes), dated April 23, 2026 from Indiana Housing and Community Development Au. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Advantage Housing Inc hold?

Advantage Housing Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Advantage Housing Inc's profile

What is Indiana Housing and Community Development Au currently buying?

Explore Indiana Housing and Community Development Au's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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