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Lofts @Leeson’s Duplexes Ready for New Families

The affordable housing New Hope is developing in Elwood, IN has one phase nearing completion. Several newly constructed duplexes will be ready for occupancy before the end of July. They are located throughout the city’s neighborhoods and replace houses removed by the city for blight elimination.

The second phase is renovation of the Leeson’s building in uptown Elwood, which will offer loft apartment living for seniors.

For leasing information, please contact:
Noelle Shull, Property Manager
765-557-0024 or 765-552-0493

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New Hope Receives Affordable Housing Development Funding

Indiana Housing and Development Authority (IHCDA) approved over $14 million in funding through their 2018-2019 Home Investment Partnerships (HOME) round for the new construction or preservation of affordable housing across nine rural Indiana counties. Together, these developments will create or preserve 130 units of affordable housing.

New Hope Services is pleased to announce that its housing corporation, New Hope Development Services, Inc. was awarded four of the 10 projects. These awards totaled $6,590,950, through a combination of IHCDA funding sources. Once completed, the developments will add 33 new units to New Hope’s portfolio, bringing the total to 519 units of affordable housing in 10 current locations and two new locations in five counties.

New Hope CEO James Bosley said, “We are gratified that these developments were approved for funding. The demand for affordable housing for seniors in particular is increasing, and we are pleased to be able to help meet this need in the communities we serve.”

The new affordable housing developments are:

  • Aberdeen Woods Phase VII, located in Jeffersonville in Clark County, received $1,035,000 for 6 new units.
  • Highland Woods, located in Scottsburg in Scott County, received $1,509,000 for 11 new units.
  • Highland Place, located in Scottsburg in Scott County, received $1,930,000 to aquire and rehab 16 units
  • River’s Edge, located in Clinton in Vermillion county, received $2,000,000 to renovate 39 units.

The HOME program provides funding to develop affordable housing for low and moderate income residents.

“Across rural parts of Indiana, there is a shortage of safe, decent and affordable housing,” said Indiana Lt. Governor Suzanne Crouch, who serves as board chair of IHCDA. “This funding will not only support the creation or preservation of affordable units, but leverage additional investment into these communities.”

Group cutting ribbon for opening of Davis Zeller Place

Ribbon Cutting Opens Davis Zeller Place In Brazil

A large part of the community turned out for the event on Friday, November 16 at what used to be the Brazil Jr. High School. It is now completely renovated into one and two-bedroom apartments for senior affordable housing. Pictured are New Hope CEO James Bosley and Brazil Mayor Brian Wyndham cutting the ribbon, along with other dignitaries involved in the project, including Lt. Governor Suzanne Crouch (in yellow). An open house followed for visitors to tour this building and a second part of the development a few blocks away, the Davis Building. The total project has 48 units and is presently about 50% occupied.

Pool Opening at Highland Glen

The recent pool opening at Highland Glen Became a Community Event!

Renovation at Highland Glen Apartments in Scottsburg was completed in May, and the swimming pool had received a face lift as well – a new concrete deck and furniture.

More than 50 residents attended, including a new family who just signed their lease that day; they stopped moving their belongings to see what was going on and meet others in the community.

There were hot dogs and buns donated from Save a Lot, and side dishes and desserts brought from the residents. Some residents even went back to their units to get or make more food. Others made plates to take to seniors who could not join in due to health or mobility reasons, or to neighbors who were just not feeling well. There was so much laughter! The joy in their conversations and voices were overwhelming, and the kids were so excited.

Everyone absolutely loved the renovated clubhouse and new pool furniture. The new residents could not believe that a cookout was actually taking place, and the thought that this event was just one of many we have here had one single mother in tears. When asked why she was crying she replied, “It takes every dime that I make to provide for my children, so we don’t get to do many things. But now to know that I have them in a place like this with an amazing home and a community that provides them so much is just a little overwhelming.”

Since then others have come to see the “new” Highland Glen. The talk in town is that New Hope really cares and that if you want an upscale place to live in Scottsburg, the ONLY place is Highland Glen.

Reported by: Vickie Barnett, Community Manager Highland Glen Apartments

M. Fine on Spring Senior Housing Community Now Open

Our latest affordable housing development, M. Fine on Spring, is now open. Residents began moving in at the end of December, and we expect full occupancy by mid-March. There are 51 one and two bedroom units in the complex and we currently have a waiting list.

All units are equipped with energy efficient appliances, including washers and dryers, and programmable thermostats. M. Fine on Spring offers community living under one roof, with amenities that include an onsite fitness center, theater, restaurant, community rooms, and outdoor roof terrace. Six units are designed and specially equipped for residents using wheelchairs.

Located at 835 Spring Street in Jeffersonville, Indiana, the property was originally home to the M. Fine & Sons shirt-making factory in the 1930s. It stood vacant for many years, was occupied for a short time by a roofing company, and for 20 years was home to a popular haunted house attraction called “Industrial Nightmare.”

The surrounding area is being redeveloped as part of the community’s Gateway Project with an arts and cultural district, green space, outdoor games, food and entertainment.