Tag Archives: housing development

Tipton senior rentals ready for residents

Tipton Mayor Tom Dolezal cut the ribbon at HAND’s newest rental property on May 24, signifying the end of construction at Southwood Villas. Work on the five two-bedroom, one-bath homes began last fall.

Sign: There's no place like home

The development, located on Southwood Drive just east of the Tipton High School football field, made use of five vacant residential lots on a cul-de-sac.

All residents must be 55 or older and earn less than 60 percent of the area median income for Tipton County. South Bend-based Bradley Co. is processing applications; residents should be able to move in this month.

Funding for the $1.6 million project was provided by the Indiana Housing & Community Development Authority (IHCDA) and Lake City Bank.

The project has been in the works since 2019, when IHCDA awarded HAND $2 million to build nine units on the site. The scope of the project was later reduced after neighbors objected and a judge ruled that the planned duplexes could not straddle plat lines.

About 30 people attended the ribbon-cutting ceremony and open house at Southwood Villas.

The development team included Meyer Najem Construction LLC, Weihe Engineers, and Brenner Design Inc.

Many thanks to Chrissy and Rick Ramsey of RC Fine Portraits for the photos below:

The five units at Southwood Villas each have two bedrooms and one bathroom.
The kitchen and living area have vaulted ceilings
Bedrooms have ceiling fans and lots of natural light.
All appliances are included, including a washer and dryer.
All units have a patio in addition to a front porch.

Conference highlights need for range of housing options

Attendance at HAND’s 2022 Suburban Housing Conference more than doubled from the previous year, as local leaders gathered to see the latest Hamilton County housing research and explore ways to address the need for more affordable options.

Over 175 people registered for the May 4 event presented by the Hamilton County Community Foundation, including more than a dozen elected officials. In welcoming guests to the conference, County Commissioner Christine Altman stressed the importance of having a full continuum of housing options to meet the needs of the county’s growing workforce. If businesses can’t find employees they need here, eventually, they will look elsewhere.

“If we’re not growing, we’re dying,” she said.

And Hamilton County is becoming less affordable to more people, according to the results of a new housing study released at the conference. Consultant Katie Wertz of Indianapolis-based Greenstreet Ltd. walked attendees through the research, which shows that stagnant incomes and growing home prices are creating affordability problems for most income groups – especially for those households earning less than $98,000 per year (120 percent of area median income).

Hamilton County Economic Development Corp.’s Mike Thibideau led a panel discussion about creating a housing continuum, soliciting insights from Noblesville’s Director of Community Development Sarah Reed, Fishers’ Director of Planning and Zoning Megan Vukusich, and local developers Tony Bagato of Lennar Homes and Justin Moffett of Old Town Companies.

Westfield Washington Township Trustee Danielle Carey Tolan delivered a lunchtime keynote, sharing her observations from the trenches. Township trustees provide financial assistance to residents in need, and the Hamilton County Trustees Association, which Tolan leads, has been administering the county’s Emergency Rental Assistance Program for those impacted by COVID.

“I’m not responsible for fixing every person’s problems when they walk through my door. They have to do that work,” Tolan said. “However, if my community can’t even provide a range of opportunities to improve their lives, then I cry for my community. … We are a resource-filled county in terms of smarts and wealth  – it is time to reexamine our priorities and then act on them.”

The conference’s afternoon sessions included three workshops that explored specific strategies that could help improve the housing outlook: Community Land Trusts and Housing Trust Funds, Public-Private-Philanthropic Partnerships, and Land-use Strategies to Increase & Diversify Housing.

Tom Kilian, president of the Hamilton County Community Foundation, closed out the day.

Other conference sponsors were the Noblesville Housing Authority, Hamilton County Trustees Association, Family Promise of Hamilton County, Woda Cooper Cos., David Rausch Studio, PNC Bank, and Breathe Easy Hamilton County.

Table sponsors were the City of Carmel’s Division of Planning & Zoning, Greater Indy Habitat for Humanity, Invest Hamilton County, Kittle Property Group, Multifamily Construction Services, RealAmerica, ULI Indiana, Weihe Engineers, and Brenner Design Architects.

Study: Hamilton County becoming less affordable for more people

Given current funding and construction trends, it will take about 286 years to meet the current demand for income-based housing in Hamilton County.

That’s one of the takeaways in a new report from Indianapolis-based consultant Greenstreet, Ltd. Released at HAND’s Suburban Housing Conference on May 4, the 2022 Housing Study showed that Hamilton County is becoming less affordable to more people.

Stagnant incomes and growing home prices create affordability problems for most income groups, but especially for those households earning less than $98,000 (120 percent of area median income).

To address the issue of decreasing attainability, the study recommended Hamilton County stakeholders work together to reduce the cost of development, remove the social stigma attached to attainable housing, stabilize and support at-risk individuals and families, and increase funding for affordable homes.

The study was commissioned by the Noblesville Housing Authority on behalf of the Hamilton County Housing Collaborative, a coalition of 50-plus individuals representing dozens of organizations working to address the community’s housing needs.

As a group, the Collaborative believes that housing should be attainable for those who want to call Hamilton County home – during every stage of their lives – to uphold the economic well-being of Hamilton County. For that to be possible, the county needs a full continuum of housing products and prices.

This year, the study also included information about four specific strategies that could help improve the outlook for accomplishing that.

Click the highlighted text to read the 2022 Hamilton County Housing Study (and its Data Supplement) and learn more about Community Land Trusts, Housing Trust Funds, Public-Private-Philanthropic Partnerships, and Strategies to Increase & Diversify Housing.

County housing study, strategies to be unveiled at HAND Housing Conference

Hamilton County housing is becoming less affordable to more people, and without some real changes, businesses here will find it increasingly difficult to find and keep employees. 

These findings and more from Greenstreet, Ltd., will be released at HAND’s 2022 Suburban Housing Conference on Wednesday, May 4, beginning at 8 a.m.  The daylong event, presented by the Hamilton County Community Foundation, will be held at the Embassy Suites Hotel and Conference Center in Noblesville. 

This year’s conference will unveil the results of a Hamilton County housing study commissioned by the Hamilton County Housing Collaborative (HCHC).  For example, the data shows that 18,735 low- and moderate-income households here are spending more than the recommended 30 percent of their income on housing, reducing funds available for other necessities. And rising housing costs also impact households earning more than the area median income. A family earning $97,920 annually, for example, can afford just 28 percent of new homes here and only 12 percent of current listings.

In addition to being the first to see study results, conference attendees will hear from local developers and urban planners about efforts to create a housing continuum in Hamilton County, and they’ll explore some specific strategies during interactive afternoon workshops.

“The Housing Collaborative believes that Hamilton County should have a full range of housing attainable for anyone who wants to call Hamilton County home—during every stage of their lives,” said Andrea Davis, HAND’s executive director. “Without a diverse housing inventory, the county risks its ability to expand its workforce, attract young adults looking for a place to settle, and keep seniors in their community of choice.”

At the conference, more than a dozen local leaders in the housing and economic development fields will dig into specific parts of the study. Every participant will leave the day understanding the need for more diverse and attainable housing, as well as actions they can take.

“Housing is one of the keys to the county’s economic well-being,” Davis said.

HAND enters new year building on 2018 successes

Home Place Gardens ribbon cutting

Anticipation is building along with HAND’s momentum as we work to continue growing the organization’s impact in 2019. Here are just some of the highlights from last year, which wouldn’t be possible without our many supporters:

— HAND extended its reach outside of Hamilton County, purchasing 17 duplexes in nearby Boone County. Now called Hickory Commons, the rental community includes 33 leasable units on two cul-de-sacs just north of downtown Lebanon. HAND is investing more than $2 million to acquire and renovate the apartments, which were build in the 1950s.

— HAND opened Home Place Gardens, its first rental community in Carmel. Located on 2.4 acres south of 106th Street between College Avenue and the Monon Greenway, the development includes eight one- and two-bedroom duplex apartments for seniors ages 55 and older and two three-bedroom detached homes for families. About 100 people attended a June ribbon-cutting ceremony and open house. (See photo, above.)

— Ohio-based developer Woda Cooper Companies Inc. purchased the former Adams Elementary School in Sheridan, which it will transform into 32 affordable 1-, 2- and 3-bedroom apartments. The historic gym also will be preserved, becoming community recreation space. HAND is a consultant on the project.

— HAND helped to establish the Hamilton County Home Repair Partnership, a collaboration that includes Habitat for Humanity of Hamilton County, Shepherd’s Center of Hamilton County, SERVE Noblesville and Christmas in Action. In its first year, about 50 low- and moderate-income homeowners—many of them seniors—received critical repairs or modifications that improve their home’s accessibility, efficiency and affordability.

— HAND engaged a consultant and solicited public feedback to complete a comprehensive housing needs assessment for Hamilton County. Conducted every five years, the data-based analysis is used to determine local housing needs and to identify a strategy for meeting them. While final report is still being fine-tuned, preliminary results released at HAND’s September housing conference found that Hamilton County has a significantly larger percentage of cost-burdened households than the Indianapolis metropolitan area as a whole.

— HAND also received several significant grants throughout the year, including $10,000 from the Rotary Club of Carmel for the playground at Home Place Gardens and $7,500 from Duke Energy Foundation for the Housing Needs Assessment.

(See our full list of 2018 sponsors and supporters here, and contact Andrea Davis if you’d like to join the list for 2019.)