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The four housing developments total more than $147 million in investment, with nearly $56 million for affordable and permanent supportive housing.
In 2001, city efforts to redevelop the area into a mixed-income residential community began. In 2003, the U.S. Department of Housing and Urban Development awarded Indianapolis with a Homeownership Zone Award for the way the city used a $4 million HUD grant to stimulate other public and private investment in the Fall Creek Place redevelopment.
Marcy Village Apartments is a historic community located in Indianapolis, Indiana, United States. Built in 1939, the 25-acre (10 ha), 19-building apartment community compose a historic district that was listed on the National Register of Historic Places on March 24, 2004. [ 2 ]
Riley Towers Riley Towers I and II in 2011 Former names James Whitcomb Riley Center, Towers at Riley Center General information Status Completed Type Residential apartments Location 225 E. North St. (Tower I) 600 N. Alabama St. (Tower II) 700 N. Alabama St. (Tower III) Indianapolis, Indiana 46204 Coordinates 39°46′30.5″N 86°9′10.2″W / 39.775139°N 86.152833°W / 39.775139 ...
Each apartment has an in-unit washer and dryer, and rent ranges from $900 to $1,700 a month — average rent in Indianapolis is $1,195 a month, according to RentCafe.
The oldest property, the Sid-Mar, was built in 1887, while the youngest property, the Wyndham, was built in 1930. [1]: 8 The need for apartments in downtown Indianapolis came about as a result of the city's industrial development during the late 19th century, led by the railroad and automobile industries, as well as Eli Lilly and Company ...
Woodruff Place is a neighborhood in Indianapolis, Indiana, located about a mile east of downtown Indianapolis. It was established in the 1870s by developer James O. Woodruff as an early suburb of Indianapolis. Woodruff Place's boundaries are: 10th Street on the north, Woodruff Place West Drive on the west, Michigan Street on the south, and ...
Cottage Home is located on the near east side of Indianapolis. The neighborhood is bordered to the west by the Chatham Arch & Massachusetts Avenue Historic District, to the north by the Windsor Park neighborhood, to the east by Arsenal Technical High School and the Woodruff Place Historic District and to the south by the Holy Cross neighborhood.
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