INDIANAPOLIS — The Indiana Housing and Community Development Authority (IHCDA) recently announced that they will allocate more than $91 million to the City of Indianapolis for its rental assistance program, IndyRent. The allocation of these funds will allow the city to provide nine additional months of rental assistance beyond its current three-month eligibility.
The City of Indianapolis received $28,880,903.80, which it put towards its existing IndyRent program. IndyRent has obligated nearly 100% of the $28 million they received. The city’s program will now be able to pay 12 total months of rental assistance.
The Indiana Emergency Rental Assistance program (IERA) is designed to decrease evictions, increase housing stability, and prevent homelessness by helping renter households whose income has been negatively impacted by COVID-19 with rent and utility assistance.
IERA can provide eligible renters with up to 12 months of assistance. Qualifying applicants may also receive utility and/or home energy assistance. This includes help with paying past due utilities (electric, gas, water, sewer, and trash) and home energy (fuel oil, wood, coal, pellets, and propane) expenses.
Hoosiers in need of assistance should go to IndianaHousingNow.org to apply for assistance.