Mon. Jul 22nd, 2024

Indianapolis opens affordable housing development for homeless youth

By meerna Jul11,2024
Indianapolis opens affordable housing development for homeless youth

Indianapolis officials and local leaders cut the ribbon Wednesday on a new 48-unit apartment building offering affordable housing to city residents.

Ten units have been designated specifically for homeless youth.

A new apartment building on Indianapolis’ east side will offer on-site supportive services. It’s open to families earning 30 to 60 percent of the area median income.

Andrew Neal, CEO of Outreach Indiana, an organization dedicated to ending youth homelessness, said an estimated 7,800 youth experience homelessness in Marion County each year.

“Ultimately, we need more affordable housing,” he said. “We’ve been talking about this for a few years now. We also know that it takes a long time to build these units, so in the meantime, we have to get creative with housing solutions.”

In May, the city also broke ground on a project to build affordable housing for people recovering from stroke, but advocates say more investment is still needed.

The owners and managers of the apartment building say demand is so high that when the property opened, there was a waiting list of 300 people.

The 48-unit apartment building, called the St. Lucas Lofts, was made possible by investments from community partners, $2 million from the city and another $10 million from CVS Health.

Mayor Joe Hogsett said public-private partnerships are essential to building more affordable housing in the city.

“By providing residents with comprehensive services such as healthcare, education, financial literacy and career support, this project will significantly change the lives of many people,” he said.

Pearlina Brown, 19, attended Wednesday’s event. Outreach Indiana recently helped her find an apartment in the city. She said she’s grateful to see the city expanding housing options for people like her.

“I’m grateful that they managed to get such a nice apartment,” she said. “I’m really happy to see that young people are getting an apartment. It’s tough here. The cost of living is really high.”

A new census report was released last month showing that the number of homeless people in the city has increased slightly compared to last year.

And across the state, affordable housing is becoming more out of reach for Hoosiers. A report by Prosperity Indiana and the National Low Income Housing Coalition found that 14 of the state’s top 20 jobs now pay a median wage below that needed for a two-bedroom apartment.

By meerna

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