​Neighborhood Impact Program (NIP), of the Federal Home Loan Bank of Indianapolis (FHLBI), provides grants up to $7,500 to assist homeowners in making repairs to their homes, including deferred main- tenance. Detroit, Chemical Bank partners with U-SNAP-BAC, Community Housing Network, and New
Hope. Flagstar, Level One, and First Independence Bank also are partner banks in Detroit.
ELIGIBILITY REQUIREMENTS:
Homeowners must own and occupy a single-family home, condominium, or modular unit (plus duplexes, with certain restrictions) for at least six months prior to enrollment and be current on mortgage payments. Documentation for all sources of income (Social Security, pension, interest / dividends, earned income for jobs, Supplemental Security Income) from all members of the household must be provided.
AREA OF AVAILABILITY:
Communities where FHLBank Indianapolis members have a presence, including the entire City of Detroit, are eligible.
CONTACT INFORMATION:
U-SNAP-BAC is the main nonprofit administering the program in Detroit, but Community Housing Network in Troy and New Hope also administer the program.
U-SNAP-BAC

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