The first Carmel property for Hamilton County Area Neighborhood Development Inc. is nearly ready for occupancy.
Home Place Gardens is Noblesville-based HAND’s seventh apartment community in Hamilton County. The other properties are in Sheridan, Noblesville and Cicero.
“There is tremendous demand for affordable housing, whether it’s specifically for seniors or for the workforce,” HAND Executive Director Jennifer Miller said.
There are a total of 10 housing units in Home Place Gardens, which is on 2.4 acres on the south side of 106th Street between College Avenue and the Monon Greenway. The project cost $2.6 million. A ribbon-cutting ceremony was held June 14.
Miller, a Fishers resident, said eight units will be available for seniors, age 55 and older.
“We have two that will be set aside for families,” Miller said. “The families are specifically going to be referrals from Prevail. You would have to be a Prevail client to be able to qualify for those units.”
Prevail of Central Indiana works with victims of domestic and sexual violence and victims of other crimes such as stalking and robbery.
“This project has been 2 to 2 1/2 years in the making,” Miller said. “When I started with HAND in the fall of 2016 we were just acquiring the property. We had our ground breaking in June last year. We’re very excited to come full circle with ribbon cutting in June 2018.”
Miller said she hopes the first occupants will move in during July.
“Hopefully, we’ll be fully leased out by fall,” Miller said. “Our rental rates on this property are ranging from $550 to $950. It just depends on the number of bedrooms selected in the unit (one-, two- and three-bedroom units). But it also depends on the household income.”
HAND’s construction partners were American Structurepoint, Meyer Najem Construction and The Architecture Studio.