City and local
not-for-profit officials plan to break ground
Thursday (Nov. 8) on the city's first supportive
housing facility for homeless veterans. The 75-unit Lincoln Apartments project is planned for the former home of an iron works
foundry along Holmes Avenue just north of West Michigan Street on the near west side. The project cost, including the value
of grants, federal housing tax credits and site remediation, totals about $11.6 million. The city donated the land, which
had been vacant since 1962, and paid for remediation with federal and state grants. Great Lakes Capital Fund arranged the
sale of tax credits to provide $9.8 million in equity. The development team includes Building Blocks Non-Profit Housing Corp.,
Volunteers of America of Indiana Inc. (which will manage the facility), Milner and Caringella Inc., Roudebush VA Medical Center
(located about a mile away), and Keystone Construction. The architect is Axis. The project's fully furnished apartments
are scheduled to open in fall 2013. What do you think?








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