Low-Income Housing
Keystone Towers redevelopment could start in April
December 7, 2011
Scott OlsonThe first phase of the $22.5 million project, dubbed The Point on Fall Creek, would involve the construction of 58 apartments.
Another 80 units would follow, complemented by a retail component.
MoreApartment project planned for south end of Monon
November 15, 2011
Tom HartonThe local arm of a California-based developer of affordable housing is planning to invest up to $10 million in a 60-unit complex
at 20th Street and the Monon Trail.
MoreCourt case might roil not-for-profit tax rules
November 5, 2011
Francesca JaroszA Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial
of its property-tax exemption. The denial has put the organization
$200,000 in debt and its rental homes in danger of tax foreclosure.
MoreDeveloper proposes $22M project for Keystone Towers site
October 6, 2011
Scott OlsonThe Whitsett Group LLC's plans call for a $22 million project that would include nearly 140 apartments and a retail component
on the property where Keystone Towers stood. The company submitted the lone bid to the city to redevelop the site.
MoreMulti-family housing project slated for Monon Trail
September 20, 2011
Scott OlsonKing Park Area Development Corp. is partnering with an Indianapolis developer on an $8.7 million residential project to improve
a blighted parcel along the trail.
MoreNot-for-profit building affordable housing in Brownsburg
August 2, 2011
IBJ StaffSycamore Services Inc., which serves people with disabilities, has closed on $8 million in financing to build a 72-unit apartment
community in Brownsburg.
MoreSenior housing project replacing retail center
July 29, 2011
Cory SchoutenA run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing
development.
MoreHousing agency breaking ground on $30M Lugar Tower project
June 29, 2011
The project includes renovations to the 15-story apartment building in downtown Indianapolis, as well as the construction
of two mixed-income buildings containing a total of 74 units at its base.
More16 Park project helping to transform Indianapolis neighborhood
June 25, 2011
Scott OlsonThe first building of a new complex on near-north side is set to be completed in August
MoreCentral State redevelopment plan gets new life
May 28, 2011
Francesca JaroszA dormant plan to redevelop the 150-acre former Central State Hospital campus is starting to get momentum. Developers anticipate
spending $100 million to $150 million to revamp the site. With online photo gallery
MoreWhitsett proposes 86-unit downtown apartment project
February 15, 2011
Tom HartonThe $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former
Central Restaurant Products building to accommodate one- and two-bedroom apartments.
MoreTrail Side funding finally closes
January 11, 2011
Tom HartonFinancing for construction of a $10 million, mixed-use building at 875 Massachusetts Ave. closed Dec. 22, allowing developers
to proceed with the project after a funding snag nearly killed it.
MoreBallard takes aim at vacant homes
July 17, 2010
Peter SchnitzlerIf Mayor Greg Ballard successfully closes the $1.9 billion sale of the city's water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
MoreMass Ave project on verge of approval
May 4, 2010
Tom HartonThe addition of an underground parking garage is likely to get Trail Side off the drawing board and under construction.
MoreLugar Tower project delayed by lack of tax credits
March 26, 2010
Scott OlsonRenovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
MoreIndianapolis Housing Agency pulls off big tax credit deal
March 13, 2010
Tom HartonCity agency plans renovations, expansions at eight apartment properties.
MoreMass Ave project works toward April approval
March 2, 2010
Tom HartonTrail Side on Mass Ave would include 69 one-bedroom apartments and about 23,000 square feet of ground-level retail space.
MoreAffordable-housing group goes on apartment-buying binge
January 23, 2010
Cory SchoutenPartners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
18 months.
MoreGrocery, housing projects could rejuvenate stretch of 16th Street
October 10, 2009
Cory SchoutenA troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
MoreTransit, sustainable development likely to be themes in rescue of near-north neighborhood
June 1, 2009
Chris O'MalleyLocal leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
MoreDeveloper wants to turn project into apartments, offices
May 25, 2009
Cory SchoutenA local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment
building with its headquarters on the top floor.
MoreA new generation takes over Glick apartment empire
March 30, 2009
Cory SchoutenA new generation of company leadership is revving the Gene B. Glick Co. and building and buying apartment complexes again.
MoreIndyFringe leads effort to build artists' apartments
November 10, 2008
Kathleen McLaughlinIndy Fringe executive director Pauline Moffat and Gary Reiter, a board member of the Indianapolis Theatre Fringe Festival
Inc., want to build an affordable live-work complex near Massachusetts Avenue.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."