September 23, 2019
Line Lofts is a new construction project located at the former Home Elevator building at 1142 Washington Street in Indianapolis Indiana. The project will include sixty-three two-bedroom, one-bathroom units of senior, affordable housing. The first floor will also include approximately 6,100 square feet for the new Visually Impaired Preschool Services (VIPS) – Family Resource Center along with space on the site for the VIPS Center playground. The project will feature thirteen units designed with visually impaired residents in mind. Thoughtful design features and amenities will make this development one of a kind and will include built-in Amazon Alexa, tactile markings, oversized elevator buttons, dog park, and dog washing stations for guide dogs.
Development Partners: TWG Development
NDC LIHTC Equity Investment: $9,317,750
Total Development Cost: $11,399,623