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Indianapolis Neighborhood Housing Partnership announced it has acquired more than $12 million in financing to support affordable housing initiatives.
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A new local partnership aims to help create homeownership opportunities for individuals and families experiencing disproportionate wealth and racial disparities in Marion County.
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Donna Gambrell spent the years following the meltdown of the American housing market at the helm of a Treasury Department fund that makes loans to a small but important part of the financial system. They're called Community Development Financial Institutions - or CDFIs -- specialized lenders that provide affordable capital, credit and financial services to low-wealth, low-income communities.