New Housing for Evansville’s Promise Zone

Anderson Partners is playing a key role in bringing new housing to Downtown Evansville’s Promise Zone. The project will focus on converting a former YMCA to 64 much-needed quality housing units for low-income individuals, which all parties involved consider to be a win for the city as a whole.

New affordable housing units coming to Downtown Evansville

(Posted to February 26, 2018) City government said a major housing project Downtown was awarded nearly $1.15 million in tax credits by the Indiana Housing and Community Development Authority. The Central Lofts project will renovate and transform the 1913 Shopbell YMCA building on Fifth Street into 64 income-based apartment units, according to the city. The total project cost is $13 million. The project’s location within Evansville’s Promise Zone gave it additional points in the competitive tax credit funding round, city officials said.

Call Now Button