Affordable Family Housing
Our Goal
Ensuring equitable access to safe and affordable housing, fostering stability, vibrant communities, and opportunities for individuals and families to thrive.
In Progress
Lead Partner
Supporting Partner
The Sims League:
Multi-Family Affordable Housing Development
OUR SOLUTION:
The Sims League seeks to alleviate generational poverty by serving as the anchor initiative in a campus in which housing, employment, childcare, and community engagement opportunities will be readily available to low-income residents, including those at risk of or moving out of homelessness.
The 10 acre project site (4001 N. Franklin Rd, Indianapolis IN) is located near the intersection of Franklin Rd and 38th Street in the Far Eastside Neighborhood.
The Need
According to the 2019 American Community Survey, the median household income within the HOPE CDC focus area stands at $34,218, significantly lower than Marion County's median household income of $48,318. A staggering 40% of households experience housing cost burdens, allocating over 30% of their income towards housing, compared to the 33% average in the rest of Marion County. This pressing situation highlights the critical necessity to create accessible housing solutions, which HOPE CDC aims to address by introducing 204 additional units of affordable housing for families within the area.
General Details
Typical Building Elevation
Two and Three Story
One, Two and Three Bedrooms
Unit SF Range:
790-1135 sf
The development is intentionally located in a walkable community with access to groceries, shopping, medical services and schools within a half mile radius, but also in close proximity to the Metro Bus Line which provides rapid transit service to downtown Indianapolis.
Our Residents
The Sims League will serve residents earning 60% of the area's median income (AMI) with approximately 15% of the units serving residents at 50% or below.
This income range provides housing for many entry level employment positions and those in public and community service roles such as teachers, social service providers and first responders.