Julian Center opens apartments for victims of domestic abuse

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

34 North, an apartment complex for victims of domestic abuse, opened in August at 34th and Meridian streets.

Raising capital for the 71-unit complex has been a major focus of The Julian Center, a shelter for abused women.

Last spring, the center was awarded $8.1 million in federal tax credits over 10 years. The organization also received a $1
million grant from the United Way of Central Indiana and donations from Deborah Simon, the Efroymson Family Fund, the Reuben
Family Foundation, Mike and Sue Smith, and the Myrta Pulliam Fund.

Key Bank provided $4.2 million in construction financing and $1.9 million in permanent financing. The bank also will make
a $6 million equity investment through Low Income Housing Tax Credits.

The complex consists of 52 new apartments and 19 rehabbed units, formerly called the Vernon Apartments. Indianapolis-based
Herman & Kittle Properties Inc. was the co-developer. The Julian Center will own the complex.•
 

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In