East-side housing project for young adults receives $9.2M from state

A local family services organization has received more than $9 million in funding for a new supportive housing project for young adults on the east-side of Indianapolis.

The Foundation for Lutheran Child and Family Services plans to develop the 30-unit apartment project, known as Pando Aspen Grove of Community Heights, at 16th Street and Ritter Avenue, across from the organization’s Indianapolis campus.

The project—a partnership between the foundation, Lutheran Child and Family Services (LCFS), Community Health Network, TWG Development, and Innovative Veterans Affairs Real Estate LLC—is aimed at individuals aged 18 to 24 who were previously in the state’s child welfare and fostering system.

“Pando is meeting a need that currently is unfilled in Indianapolis,” Lutheran Child and Family Services Executive Director Sven Schumacher said in a media release. “Through this innovative program, LCFS will help youth experiencing homelessness find not only safe shelter, but also access services and opportunities to help them achieve their individual goals.”

On Wednesday, the Lutheran Child and Family Services announced it received $9.2 million for the Pando, including $8.4 million in low-income housing tax credits from the Indiana Housing and Community Development Authority and a grant of $800,000 from the state’s Housing Trust Fund. The funds are expected to fully cover the cost of the project.

The project will serve up to 30 individuals. It will offer an on-site food pantry and voluntary supportive services and programming that will connect tenants with educational and employment resources, health care and legal aid. It will also have courses on nutrition and financial management.

Lutheran Child and Family Services said it is seeking donations for a fund to back supportive services over the next 15 years.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets in {{ count_down }} days.