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Indiana has a pronounced shortage of housing affordable to low-income Hoosiers, and it hasn’t improved in the last year, according to a new report out Friday. There are just 38 affordable units ...
An income-restricted apartment complex in Seymour opened Tuesday, though tenants started moving in sooner. Rent ranges from 340 to 972 dollars for the fifty units, which have one to three bedrooms.
A new report shows Indiana has only 34 affordable and available rental units for every 100 extremely low-income households in the state. The report, The Gap: A Shortage of Affordable Homes, also ...
INDIANAPOLIS — A newly-awarded grant is helping support affordable rental housing in Indiana. The Indiana Housing and Community Development Authority (IHCDA) announced a $7 million grant from… ...
Indiana is listed as having 38 affordable, available units per 100 extremely low-income renter households. Neighboring Ohio had 40 Kentucky had 43, Michigan 39 and Illinois 34.
Indiana awards $557M for low-income housing in ‘historic’ investment November 16, 2023 | Carley Lanich, Inside INdiana Business ...
That’s in the latest report from the National Low Income Housing Coalition and Prosperity Indiana. The report showed that someone needs to earn $22.18 an hour to afford a two-bedroom apartment ...
Hoosiers must now earn $13.43 per hour to afford a modest one-bedroom rental home or $16.57 per hour for two bedrooms without spending more than 30% of their income on housing costs, according to ...
There's a hitch, however. The low-income building would rely on a tax credit from the Indiana Housing & Community Development Authority to subsidize the cost to RealAmerica for the cheaper apartments.
The Indiana Housing and Community Development Authority Board of Directors has named the recipients of the 2022 Low-Income Housing Tax Credit program.
The state will provide $2 million in assistance to a low-income housing organization to construct 11-cottage homes in Fishers. The Indiana Housing & Community Development Authority awarded ...
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