Housing developments in Elkhart thanks to Low-Income Housing Tax Credit

ELKHART, Ind. – The City of Elkhart announced there will be two housing developments coming soon thanks to being awarded Low-Income Housing Tax Credit (LIHTC) to help address the shortage of affordable, quality housing.

City officials say the first development will happen on a former industrial site on Sterling Avenue and will have 44 one and three-bedroom units with nine units set aside for residents with developmental or intellectual disability, helping to integrate these residents into the community.

The second development is said to be in the Elkhart Historic District at 515 East St. where there will be 48 two-to-three-bedroom units available with 12 units at market rate and the remaining at 30 – 80% Area Median Income (AMI).

The city says these units will be high-quality and energy efficient.

Elkhart officials say the East Street development will be unique, with a mental health focus in response to an exacerbated rate of depression among teens and adults following the pandemic.

They go on to say residents will have access to a variety of services including new tenant orientation, education opportunities, recreation activities, counseling, accessing food assistance, and more.

“These developments are critical to alleviating Elkhart’s housing shortage, but are also serving a much greater need,” said Elkhart Mayor Rod Roberson. “These developers are committed to placing these homes in neighborhoods with amenities and also bringing necessary services right to the residents’ front door. Elkhart has the jobs, and we want people to be able to live where they work and become a part of the Elkhart community."

You can learn more about the Low-Income Housing Tax Credit (LIHTC) here.