IHCDA RED Monthly March 2018

RED Monthly

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RED Notices

      18-12: February 2018 Statewide Flooding

      18-11: HOME Supplemental Funding Round Webinars and Update Form

      18-10: Market Study Guidelines: Reminders and Extended Due Date for Certification

      18-09: HOME Supplemental Round Policy and Application Available

      18-08: 2018 Annual Action Plan Production Policy Drafts

      18-07: 2018 Annual Action Plan – Notice of Filing

      18-06: Lead Licensing and Certification Webinars

      Please click here to visit our RED Notices page.


      February Statewide Flooding

      In response to statewide flooding, IHCDA is working collaboratively with the Indiana Department of Homeland Security on disaster recovery, including working to help provide housing options for persons who have lost their homes as a result of the flooding. As part of this effort, it is critical to have access to updated information on available vacant units...more.

      IHCDA Board Meetings

      Listed below are board meeting dates for 2018. Click here for more information about these meetings and the IHCDA Board of Directors.

      March 22, 2018
      April 26, 2018
      May 24, 2018
      June 28, 2018
      July 26, 2018
      August 23, 2018
      September 27, 2018
      October 25, 2018
      November 15, 2018
      December 20, 2018

      If your agency has a new staff member who wish to receive this newsletter, please e-mail communications@ihcda.in.gov

      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.


      2018 Rental Housing Tax Credits Announced

      At the February IHCDA Board of Directors Meeting, chaired by Lt. Governor Suzanne Crouch, the Real Estate Department presented their recommendations for the 2018 RHTC Awards. The 17 projects selected combined for just over $14.4 million in RHTCs and $5.5 million in additional funding from the Development Fund, HOME and Housing Trust Fund are highlighted here. These developments will provide over 800 additional units of affordable housing options for residents throughout Indiana.

      silver birch

      Silver Birch of Muncie Ribbon Cutting

      Representatives of the many different partners that made Silver Birch of Muncie a reality cut the ribbon on the 119-unit assisted living development on Muncie’s south side. The City hopes that the Vermilion Development led project not only helps provide housing for  seniors for many years to come, but also sparks additional reinvestment in Muncie’s Kilgore Avenue corridor.

      Placemaking Indiana

      Placemaking Indiana seeks community input

      Placemaking Indiana wants to see placemaking in action! This year IHCDA its CreatINg Places partner, Patronicity, want to visit and talk Placemaking with Indiana communities. Is there something placemaking related in your community you would like to showcase to IHCDA and other interested communities? Would you be interested in hosting a placemaking workshop, guest speaker, or training in your community? Would you like to be highlighted for your placemaking efforts on Placemaking Indiana’s upcoming website, blog, or social media? Share your story with us – contact Carmen Lethig at clethig@ihcda.in.gov

      B Line Heights

      Groundbreaking of B-Line Heights

      Pedcor Investments, which participated in the 2015 Moving Forward Program, broke ground on B-Line Heights in Bloomington. This family apartment community will be located within the Showers Certified Technology Park (CTP). Key features include a renewable energy system, net-zero energy usage and solar integration. The site features several transportation options for tenants including the B-Line trail, public transportation and other pedestrian connections.


      Mercantile Apartments Grand Opening and Horner's Midtown Market Ribbon Cutting

      The Mercantile, an affordable housing development in Alexandria developed by Milestone Ventures, held their grand opening event yesterday in Alexandria. The event was followed by a ribbon cutting for Horner's Midtown Market. The mixed-use development is Indiana's first affordable apartment and grocery store.