New, Affordable Housing Coming to Fort Wayne

By the end of the year Fort Wayne can expect new, affordable housing on the city’s northwest side. “This project is part of a much larger project to build affordable housing for Hoosiers” says Indiana Lieutenant Governor Becky Skillman. Skillman announced today that Edward Estates, which is currently being built of Huguenard Road, will bring low-to-moderate income housing to Fort Wayne. The money for the project comes from the states chunk of the stimulus package. Indiana received 164-million dollars to create low-to-moderate income housing, this more than any other state “Indiana now receives more than 50-million more than the #2 state in this funding” says Skillman. The #2 state is Wisconsin, which is receiving 115-million. Skillman says last year Indiana received significant disaster relief tax credits. The Housing Authority used those credits first since they couldnt be exchanged for cash. These tax credits can be changed for cash thus the reason why Indiana has such a higher amount to spend. Edward Estates will be 1 of 8 housing projects throughout the state. “In total these awards, the 8 projects and communities, will help us build around 800 new housing units” says Skillman. 60 of those units will come from Edward Estates. The total amount given to Fort Wayne for this project totals is $5.6 million dollars. Lieutenant Governor Skillman says that when she and Governor Daniels first met to discuss the use of the stimulus funds they promised to do three things “put Hoosiers to work, to do so quickly and to leave behind a lasting impact on our state such as assets.” The project is being led up by Fort Wayne’s Keller Development. Itll employ around 250 workers for up to a year and include 4 full time workers. Applications for the new units are currently being accepted. To qualify your household annual income must be less than 30-thousand.