Trio of Indianapolis affordable apartment projects receive tax-credit boosts

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2 thoughts on “Trio of Indianapolis affordable apartment projects receive tax-credit boosts

  1. From the article: “The credits total more than $190 million in value over 10 years for the development or preservation of 872 total affordable housing units.”

    From the Lt. Governor: “The proposed developments will help meet the need to house our workforce and will bring thousands of affordable housing units to communities across Indiana.”

    So, is it 872 or thousands of units?

    1. The Lt. Gov was referring to the total state affordable housing developments that will yield 2,429 units. The 17 projects receiving the tax crediting financing make up a portion of the larger total, and these 17 projects will yield 872 units.

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