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Tuesday, November 28, 2023

Indy’s Near East-side to have new affordable housing complex in early 2024

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The city announced a new housing community which will be located on the Near East-side.

“To ensure that our city is welcoming, equitable and inclusive for all, we must be committed to providing housing for all, regardless of race, ethnicity, age, gender, sexuality or disability,” City-County Council Vice President Zach Adamson said at a press conference on Feb. 28.

St. Lucas Lofts will be located on the corner of New York Street and Rural Street.

Construction for the 48-unit building is in its beginning stages and Joe Bowling, executive director for Englewood Community Development Corp., expects the building to be completed in early 2024. Of those units, 38 will be for individuals earning between 30 and 60 percent of the area median income for central Indiana.

The remaining units will be reserved for youth experiencing homelessness. The process to qualify for one of the 10 units includes passing a “vulnerability assessment” provided by the Indianapolis Department of Metropolitan Development and obtaining a referral from Outreach Inc., to ensure that “those that need the most help” are being assisted first, Bowling told the Recorder.

In November of 2022 the city put $2 million towards those 10 units.

“Affordable housing is one of the biggest issues facing our city today,” Mayor Joe Hogsett said. “It impacts nearly every other major challenge that we face: poverty, crime, access to education, access to meaningful economic opportunity and access to health care.”

CVS Health will invest $10 million in this property. According to Lena Barkley of CVS Health Workforce Initiatives, it’s important for people to have safe and affordable housing and it “aligns with them being successful,” Barkley said.

Partnerships for this multi-million dollar project include Englewood CDC., Indianapolis DMD, Outreach Inc., Black Line Architects, RDOOR, Aetna and CRG Residential.

“We know that the need for affordable housing will continue to grow, and we cannot provide resources alone as the city,” Adamson said. “We have to depend on collaborative partnerships from different sectors to help us address these different issues,”

Residents will have access to several community resources, one of those being Outreach Inc., an organization that provides meals, transportation, mentorship and clothing for teens and young adults experiencing homelessness.

The organization’s headquarters, located three blocks from the future housing community, will have resources available for residents to use.

“This partnership establishes a great opportunity for us to be in the complex providing our services to these residents,” said Andrew Neal, chief executive officer of Outreach, Inc. “For us at Outreach its incredibly important that we get to build relationships with these youth and young adults.”

Future residents will also have access to educational and employment opportunities provided by CVS Health’s Workforce Initiatives partnerships with Simon Youth Foundation, Ivy Tech Community College and Indiana Manpower Placement and Comprehensive Training.

“We work with low-income residents every day that are looking for affordable housing and we’ve never seen more of a demand than we seen over the last couple of years,” Bowling said.

Contact staff writer Timoria Cunningham at 317-762-7854. Follow her on Twitter @_timoriac.

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