The Indianapolis Continuum of Care (CoC) utilizes two major grants administered by the U.S. Department of Housing and Urban Development (HUD) as its main funding streams. Additional funds are available through the Indianapolis Housing Trust Fund and Housing to Recovery Fund.
Continuum of Care Program
HUD began to implement the CoC program in FY2012. CoC program funds can be used to provide permanent supportive housing, transitional housing, supportive services, and rapid rehousing.
Emergency Solutions Grant
HUD began to implement the ESG program in FY2011. Funds for the ESG program, in addition to being available for homelessness prevention and rapid rehousing, can be used for emergency shelter and supportive services.
Indianapolis Housing Trust Fund
The Indianapolis Housing Trust Fund provides assistance in the form of low-interest loans, loan guarantees, and grants to increase the access of housing, preserve affordability, revitalize existing housing, and develop new housing.
Additionally, Indianapolis has a local Marion County Housing Trust Fund, which provides assistance in the form of low-interest loans, loan guarantees, and grants to increase the access of housing, preserve affordability, revitalize existing housing, and develop new housing.
Housing to Recovery Fund
The Housing to Recovery Fund was launched in January 2019, with the intention of raising $4 million for services to help sustain permanent housing, with the ultimate goal of ending chronic homelessness in Indianapolis. The fund uses a performance-based funding model, with additional resources contingent on benchmarks focused on increased housing stability, decreased involvement with the criminal justice system, and better health outcomes. Additional partners include the Coalition for Homeless Intervention and Prevention, the Corporation for Supportive Housing, and Cindy Collier Consulting.