South Bend Apartments Get Multi-Million Dollar Overhaul

Major renovations to existing apartment homes near Ivy Tech Community College are complete thanks to over $6 million of investment through federal low-income housing tax credits, and additional investment by the City of South Bend, the Federal Home Loan Bank of Indianapolis and Lake City Bank.  The State of Indiana awarded $6 million in tax credits to South Bend Heritage Foundation in the spring of 2011 for the renovation of Heritage Homes Southeast, a 54 unit housing development just east of the Ivy Tech Community College campus. Renovations were recently completed on budget and ahead of schedule. The new office and community room are now open for business. Heritage Homes Southeast’s 54 affordable rental units were originally built in 1996 by South Bend Heritage Foundation. Mayor Pete Buttigieg will help cut the ribbon on Thursday, September 20th.

InsideIndianaBusiness.com

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