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Affordable Housing

Develop the vibrant, diverse neighborhoods you envision with financing from Heartland Bank, a division of German American Bank.

Affordable Financing for Affordable Housing

Whether it's your mission or your vision, you've found a partner in Heartland Bank, a division of German American Bank. Like you, we believe that communities thrive with access to quality affordable housing. And we're proud to provide affordable financing to both non-profit and for-profit developers of affordable housing. 

For us, it's a privilege to enjoy strong partnerships with organizations that promote affordability in the communities we serve. We're also passionate about investing time and money in non-profit and government organizations with expertise in housing for low- and moderate-income residents.

Our Services

Heartland Bank, a division of German American Bank finances the construction of rent- and income-restricted properties. With decades of industry expertise and comprehensive financial solutions, our team can provide a full-service banking relationship from initial planning to property development and management, working with capital funding stacks from the simplest to the most complex.

As a full-service commercial lender, we identify, underwrite and streamline the closing process for a variety of loans, including: 

  • Construction and Equity Bridge Loans (both taxable and tax-exempt)
  • Permanent Loans (both taxable and tax-exempt)
  • Acquisition Loans (with or without minor cap ex)

Who We Serve

We’re proud to promote vibrant, diverse neighborhoods by providing loans, investments and services across Indiana, Kentucky and surrounding states. We work with national, regional and local commercial real estate developers that build or preserve affordable and workforce housing for low- and moderate-income working families, seniors, veterans, people with disabilities and other income-qualified households in our communities.

"Heartland Bank offers personalized attention and goes above and beyond to ensure that my banking needs are met. What I appreciate most is their dedication to the community—they actively engage and support local initiatives, which makes me feel confident in banking with an institution that cares about more than just business." 

- Manoj C.

Financial Resources

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