The need for affordable housing in Indianapolis is large and only continuing to grow, especially on the northeast side. A new affordable housing complex is hoping to help address the issue.
"It represents a chance at stability, opportunity, and perhaps most importantly, dignity," Mayor Joe Hogsett said at Tuesday's ribbon cutting.
Indianapolis' latest affordable housing complex, Forty Six Flats, is now officially open on the northeast side.
We started this in 2017 and here we are today," Matt Gadus, Principal of House Investments, exclaimed.
House Investments, along with Partnership in Affordable Housing, Inc. (PAH) and the City of Indianapolis, collaborated on the $41 million project.
Its evident by the demand," Gadus said. "We leased this property up in five months, so theres a need