Passage
50 Shelby Street, Indianapolis, IN, 46202
Developed in response to the Moving Forward 2020 program through IHCDA and Energy Systems Network, this project provides affordable housing just outside downtown Indianapolis in the Irish Hill neighborhood. The development provides and preserves affordable housing between the rapidly developing Elevator Hill campus and the Fountain Square neighborhood. The development provides a response to:
- the need for affordable housing for individuals with intellectual and/or developmental disabilities (IDD)
- access to transportation
- integrated technology throughout the building
- innovative financing
- energy efficiency
Passage is proposed to become part of the Community Land Trust which will further preserve the affordability of the development for generations to come.
Description/highlights:
- 38 residential units – 1, 2, and 3 BR units
- Career Center on the first floor run by Noble
- Indoor bike storage, package room, leasing manager on-site, exercise room, work/lounge studio on first floor
- Greenspace and exterior patio amenity
- WiFi provided
- W/D provided on each floor and hook-ups in unit
- Developed with Rental Housing Tax Credits from IHCDA, City HOME funds, Federal Home Loan Bank of Indianapolis funds, loan funds from INHP, loan funds from Credit Suisse Bank, and a grant from the Simon Foundation
# Apartments:
38
Size:
26-1 bedroom, 9-2 bedrooms, 3-3 bedrooms
Date Opened:
September 2023
Availability
Request to be added to the waitlist for this property or one of Englewood CDC’s other rental properties.
Comprehensive Development Plan Alignment
- IndyEast Promise Zone Plan
- East Washington Street Partnership Plan
- Near Eastside Quality of Life Plan
Partners
