City boosts investment in housing for homeless, including new apartments for veterans

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A new $12.6 million, 61-unit affordable apartment complex called Proctor Place is opening on the near westside.

, the city of Indianapolis, the state, the Indianapolis Housing Agency, non-profit Helping Veterans and Families of Indiana, or HVAF Indiana, and private developer Woda Cooper have opened a new $12.6 million, 61-unit affordable housing complex called Proctor Place on the near westside.

"Today is only the latest step in our city's efforts to secure more affordable and supportive housing options," Mayor Joe Hogsett said Wednesday at the opening ceremony for the apartments."However, it also represents 61 new homes here on the near west side — homes that affirm the dignity of every resident while at the same time honoring the sacrifice made by those that choose to serve our country.

"The solution to homelessness is housing, and we continue to invest in that approach even as we take on new and unforeseen challenges brought on by the pandemic," Hogsett said in a media release. Of the 46 units not reserved for homeless veterans, one will be for a household earning up to 30% of the area median income. Another 15 units will be for households earning up to 50% of the area median income, which is about $46,000 for a four-person household, and 30 units will be for those earning up to 80% of the area median income, which is about $73,000 for a four-person household.

 

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