Building Generational Wealth and Strengthening Communities through Heirs’ Property Outreach and Educational Programing
Prosperity Indiana (PI), in partnership with Indiana Legal Services (ILS) and Black Onyx Management (BOM), have launched the Indiana Heirs’ Property Initiative which focuses on education, prevention and resolution for currently impacted properties. Through this initiative Indiana Legal Services and Prosperity Indiana will be conducting outreach and educational programming to member financial institutions of Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) and additional community partners throughout the state. This initiative was made possible through a $500,000 investment from the Bank. Click here to view FHLBank Indianapolis full news release or to learn more about the initiative.
According to research published last year by the Bank and Black Onyx Management, issues arising from heirs’ properties, which refers to land or property passed down among family members without a formal will or estate plan, have or are likely to impact 6,600 properties in just Marion and Allen counties alone.
Visit our Education Hub, National Resources, and Program Resources and Tools pages to learn more about the Indiana Heirs’ Property Program.
Sources:
Black Onyx Management, Turning Legacy into Opportunity: Overcoming Inherited Property Obstacles in Marion County and Allen County, IN, October 2024. Click here to view the full report. https://www.fhlbi.com/webres/File/resources/Turning%20Legacy%20Into%20Opportunity%20-%20Overcoming%20Inherited%20Property%20Obstacles%20in%20Ind..pdf
The Housing Assistance Council (HAC), A Methodological Approach to Estimate Residentials Heirs’ Property in the United States Report, December 2023. Click here to view the full report. https://www.lisc.org/media/filer_public/82/b2/82b2dfe9-4287-4496-aad6-45e9a7373af5/rural_lisc_raising_the_roof_heirs_property_deck_22824.pdfhttps://ruralhome.org/experts-of-hac-natasha-moodie-on-heirs-property-and-generational-wealth-in-rural-america/
The Housing Assistance Council (HAC), A Methodological Approach to Estimate Residentials Heirs’ Property in the United States Report, December 2023. Click here to view the full report. https://ruralhome.org/wp-content/uploads/2023/12/Heirs-Property-Research-Report-12.11.23-1.pdf
Updated: 2/20/2026