Edge Fund Products

The mission of the Edge Fund is to promote resilient communities by investing in high-quality housing opportunities available to all people regardless of income.

Started in 2018, the Edge Fund is a mission-driven lender operated by Renew Indianapolis Inc. dedicated to promoting diverse and inclusive affordable housing opportunities across the housing spectrum.

OUR PRODUCTS

As a mission-driven lender, Edge Fund will offer flexible financial products, including:

HomeSmart Mortgage

These are single-family home loans for creditworthy, low- to moderate-income borrowers, offering a below-market interest rate for market-rate housing fixed for the life of the loan.

The Delaware Apartments - Long Branch Restaurant

BridgeSmart Bridge Loan

These are bridge loans to tax credit projects during the construction or substantial rehabilitation period and may extend beyond the property’s placed-in-service date.

Indy AMP

The Indy Affordable Modification Program (IndyAMP) allows homeowners negatively affected by COVID-19 to refinance mortgage debt at a below-market interest rate for up to 30-years.

OUR PARTNERS

The Edge Fund could not provide our products and services without the help of our partners.