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Last updated on Thursday, June 21, 2018
(INDIANAPOLIS) - Indiana Lt. Governor Suzanne Crouch recognized Habitat for Humanity of Indiana, the Indiana Association of REALTORS, the Indiana Mortgage Bankers Association and the Indiana Builders Association for their commitment to providing homeownership opportunities in the state earlier today. The event, in celebration of Homeownership Month in Indiana, was at the site of two home builds led by Greater Indy Habitat for Humanity.
"I couldn't think of a more fitting location to celebrate Homeownership Month in Indiana," said Lt. Governor Crouch, who serves as board chair of the Indiana Housing and Community Development Authority (IHCDA). "Governor Holcomb and I are so thankful and appreciative to each of the organizations in attendance today that are together making the American dream a reality for Hoosiers statewide."
Governor Eric Holcomb issued a Proclamation declaring June Homeownership Month in Indiana. Unfortunately, according to data from the United States Census Bureau, the percentage of homeowners in the United States continues to fall. However, the percentage in Indiana remains well above the nationwide average at about 70%. This is due in part to the homebuyer programs offered by IHCDA.
Since its inception in 1978, IHCDA has been making the process of buying a home a reality for thousands of Hoosiers by providing down payments, offering low interest rate loans and offering tax credits. In 2017, more than 2,700 Hoosier families experienced the dream of homeownership through one of their programs. The agency also provides foreclosure prevention assistance through Indiana's Foreclosure Prevention Network with assistance from the U.S. Department of Treasury for Indiana's Hardest Hit Fund.
"At IHCDA providing homeownership opportunities is extremely important," said Jacob Sipe, Executive Director. "Homeownership builds assets and creates memories for individuals and families. We also understand that homeownership has a larger impact on community and work to provide programs that promote both accessibility to homeownership and financial literacy."
In June 2002, President George W. Bush signed a proclamation making June National Homeownership Month nationwide. The goal of this initiative was to develop support programs and incentives to help every American citizen realize the dream of homeownership.
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