At the annual Indiana Housing Conference this fall, IHCDA and Lt. Gov. Suzanne Crouch presented the Excellence in Affordable Housing Awards recognizing four outstanding affordable housing developments which were funded in part with Low-Income Housing Tax Credit Awards and placed in service between July 1, 2023 and July 1, 2024.
Congratulations to North End Apartments in Carmel, winning the award in the Special Needs Category!
North End offers integrated living within the 168 apartment units (40 of which are attainable with the remaining 128 being market rate units) and the broader neighborhood inclusive of 28,000 square feet of office and retail space, 46 townhomes and 10 single family homes, with a second phase incorporating independent senior living that will be under construction in 2025. It is adjacent to the Monon Trail and near medical care, groceries, extensive retail, public parks and vocational opportunities. Previously, Carmel had only 11 affordable housing units for seniors and families. The embedded opportunity in a city with a high median income, walkability and safety make it an optimal place for this underserved population.
The need for housing for individuals with intellectual and developmental disabilities (IDD) was first brought to the local developer, Old Town Companies, through community stakeholders. Integrated living at North End was nurtured with expert input including a comprehensive advisory committee made up of caregivers, service providers, local nonprofit agencies and adults with IDD to inform the elements of the development.
