News

Innovative, eco-friendly 16 Park Apartments officially open one year after fire

Insight Development Corp. was joined today by Lieutenant Governor Sue Ellspermann to officially open the 16 Park Apartments, the innovative, eco-friendly redevelopment that is creating a new affordable housing community, while also helping revitalize a downtown neighborhood. 16 Park is a $34 million redevelopment that replaces the 35-year-old Caravelle Commons housing cooperative with 155 units …

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Mass Ave project surrounding Barton Tower gets state OK

The redevelopment of a key stretch of Massachusetts Avenue is expected to commence in the fall now that developers have won approval to sell tax credits to finance the project.

A partnership of Flaherty & Collins Properties and Insight Development Corp. earlier this month was awarded rental housing tax credits by the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave. The project is to include 5,000 square feet of retail space facing Massachusetts.

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Housing Development Opens on Near North Side

A ribbon cutting ceremony was held Thursday for a new affordable housing development on the city’s near north side.

16 Park will feature one of the largest “green” roofs in the city, rain gardens surrounding the complex to manage stormwater runoff and new energy-efficient appliances in each unit…

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New $34 Million Housing Complex Opens Thursday as Part of IHA Campaign

New improvements are being made to develop affordable housing landscapes across Indianapolis.

The Indianapolis Housing Agency (IHA) is in the middle of a $123 million campaign, and a big part of that opens Thursday…

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Green Public Housing Option Opens

Developers and dignitaries ushered in a new, affordable housing option in Indianapolis on Thursday.

The first 29 of 155 units are available for rent at 16 Park, a $34 million project on the city’s near-north side…

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A New Kind of Public Housing Opens at 16th and Park

Markina Sanders feels at home in 16 Park, the newest complex of affordable apartments in Indianapolis, which officially opened Thursday with environmentally friendly features and an upbeat design that shatter the old stereotypes of public housing…

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IHA Opens Doors of Affordable, Yet Green, Apartments

The Indianapolis Housing Agency officially opened the doors today on 16 Park, a new development on the Near Northside that is hailed as a new era in finance and construction of affordable apartments for low-income residents in the city…

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16 Park Rings in ‘New Era’ in Affordable Housing

INDIANAPOLIS, Ind. (Oct.13, 2011) – A ribbon cutting ceremony has become the traditional photo opportunity for leaders and public officials celebrating the opening of a new building. But today, local and state leaders dispensed with tradition when marking the opening of 16 Park, a $34 million affordable housing development on the city’s near-northside. Housing officials …

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Indy Housing to Open New $34 Million Residential Development Just North of Downtown

INDIANAPOLIS, Ind. (Oct. 12, 2011) – As part of its $123 million campaign to improve local affordable housing across the city, the Indianapolis Housing Agency and its non-profit development arm, Insight Development, will officially open 16 Park, a $34 million residential development on the city’s near-northside. The event marks the completion of phase one of the …

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Campaign to Reinvest in Affordable Housing Continues: IHA Breaks Ground on New Development at Lugar Tower

INDIANAPOLIS , Ind. (June 29, 2011) – As part of its expansive campaign to improve local affordable housing communities across the city, the Indianapolis Housing Agency today kicked-­‐off a $30 million project that will revitalize Lugar Tower and build a new mixed-­‐income development at the tower’s base…

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