Prosperity Indiana works diligently to collaborate with state legislators in developing policies that respond to urgent human needs, help expand economic opportunity and improve the quality of life in communities of all sizes throughout the state. Further, our network supports inclusive communities that allow all Hoosiers prosper, regardless of race, color, religion, national origin or ethnicity, disability, sexual orientation, gender identity, or gender. In 2018, our state policy advocacy will be focused on four critical areas in support of resilient families and vibrant communities.
1. Clarifying Charitable Affordable Housing Property Tax Exemption
Enacting legislation to provide clarity and certainty around tax exemption for 501(c)3 non-profit organizations that own and operate affordable housing for low- and moderate-income families is essential to preserving and expanding quality affordable housing options, which our state currently lacks. Prosperity Indiana will work to establish a uniform, objective standard to ensure that these non-profit organizations receive property tax exemption throughout all of Indiana’s 92 counties.
2. Defending Key Programs that Spur Economic Opportunity
Prosperity Indiana remains committed to ensuring that incentive credit reform proposals do not adversely affect the opportunities for economic success of individuals and families.
3. developing new resources to support community development work
In 2018, Prosperity Indiana will work to build support for sustainable funding sources for community development work. This will include promoting affordable housing production through local affordable housing local housing trust funds, working to establish new partnerships among nonprofit, public and private entities to improve economic opportunities for low- and moderate-income households, such as a community investment tax credit program, as well as identifying resources for communities to effectively combat blight and abandoned property.
4. Protecting consumers, Promoting economic stability
Prosperity Indiana will continue active advocacy to encourage asset building for low-wealth individuals and families, such as working to curtail predatory lending products and practices that disproportionately impact low-income consumers, including payday lending, debt garnishment, and attempts to undermine the judicial foreclosure process in place in Indiana.
Click here to read our Statehouse Day Bill Priorities handout