This monthly newsletter provides information and updates from the Real Estate Department (RED) at the Indiana Housing and Community Development Authority (IHCDA). If you have a subject area that you would like to read more about please let us know.
2017 OOR Awards
The IHCDA Board of Director's approved at their September meeting awards totaling $2.7 million
to 14 Indiana municipalities for the development and implementation of Community
Development Block Grants (CDBG) Owner Occupied Rehabilitation (OOR)
projects. The funding will assist an estimated 121 Indiana households.
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Teams for the Indianapolis Integrated Supportive Housing Institute announced
IHCDA, in partnership with the City of Indianapolis, announced the teams recently that will be participating in the Indianapolis Integrated Supportive Housing Initiative. The teams selected are as follows:
Developers (4)
Mercy Housing Lakefront and MACO Development Company, LLC
Merchants Affordable Housing Corp. and Insight Development Corp.
TWG Development, LLC and Volunteers of America of Indiana
UP Development, LLC and Meridian Health Services
Community Based Development Organization (1)
King Park Development Corporation
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Ribbon Cutting for The Alley in Warsaw
A
ribbon cutting was held for the Alley, a CreatINg Places project in Warsaw,
Indiana last week. The project is one of the many crowdfunding campaigns which
have launched through the platform developed by Patronicity. To date, 24 projects have
raised over $800,000 which have been matched by over $600,000 in IHCDA funds.
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Posterity Heights Groundbreaking
In
September we joined Lt. Governor Suzanne Crouch, state and
local officials, and our partners from BWI,
LLC and Joshua's Hand for the groundbreaking on the
first Moving Forward development in
Indiana. Posterity Heights in Fort Wayne, Ind. is a multi-phased development
that will provide net-zero housing, electric car sharing, an on-site early
childhood learning center, education and job opportunities, healthy food and
other amenities. The development is designed to provide traditional and single
parents a path to self-sufficiency.
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