The grant funds will go toward hiring and supporting facilitators in the courts. Those individuals will provide tenants and property owners with information about eviction diversion programs and emergency rental assistance.
Hyde Park Towns and Flats would be built on 17.4 acres of land west of Hamilton Town Center at the southwest corner of East 141st Street and Brooks School Road.
The home, constructed in 1940, sits in a 4.3-acre wooded, gated estate at 9950 Spring Mill Road. The 12-room house includes five bedrooms and offers panoramic views.
Construction is starting to shape the first piece of a massive mixed-use redevelopment in downtown Noblesville that will add more than 200 apartment units by 2025.
Rising mortgage rates, supply-chain issues, increasing material costs and limited lot availability are hampering the market.
ARMs made up 13% of all home loans by dollar volume in March, their highest share since January 2020, according to CoreLogic.
The Metropolitan Development Commission continued a public hearing on the Willows redevelopment project near Broad Ripple following requests for a postponement by both the developers and remonstrators.
Sales have been on the downturn in typical residential hotbeds Hamilton, Johnson and Marion counties, but have been on the rise in Madison, Hancock and Morgan counties.
Average long-term U.S. mortgage rates are continuing to rise, with interest on the key 30-year loan at its highest level since 2009.
Plans for the development include a 69-acre equestrian exhibition center and 25 or so custom home lots priced at $1.2 million and up.
The 13-member body approved by the Legislature in March is tasked with addressing Indiana’s affordable housing shortage.
The plan by Homestead Development consists of two components. The first would be a single apartment building for individuals age 55 or older. The other would be an eight-building complex containing market-rate apartments.
A smart-home automation business is set to take over one of zWorks’ buildings after the coworking center consolidates into one location.
National retailer RH is teaming with a developer to take over Linden House—the 152-acre Indianapolis estate of late businesswoman and philanthropist Christel DeHaan—and turn it into a huge home furnishings showroom, interior design gallery, upscale restaurant, wine bar and outdoor furniture gallery.
Single-family building permits have fallen on a year-over-year basis for the past three months and in six of the past eight months.
The burden of rising rents falls heaviest on younger households, as well as on Black and Hispanic families, further exacerbating long-simmering inequalities.
The Wulsin Building at 222 E. Ohio St. is expected to be acquired by an investment group later this spring. The buyers plan to spend up to $6 million to convert the eight-story structure to market-rate apartments.
A family earning $97,920 can afford only 28% of new homes in Hamilton County and 12% of current listings, according to the study.
Bloomington-based Cook Medical Inc. is hoping to address Indiana’s housing shortage for middle-income families, and it is starting with its own workers.
Meanwhile, mortgage applications fell again last week. The market composite index, a measure of total loan application volume, decreased 1.3% from a week earlier, according to Mortgage Bankers Association data.
