District 7 team. Thank you, MR. CHAIRMAN Leroy Robinson District one. Thank you, MR. CHAIRMAN Maggie Lewis. Thank you all very much. Let's begin with the first on our docket. And that is proposal. Number one. 23, which we appoint Greg Quest to the Metropolitan Development Commission, MR. Available. Yes, I think Greg West, 2011 Timberhill trail, Indianapolis, Indiana, for 6, 2, 1, 7, Alright, could you tell us why you would like to be reappointed? Well, I've been doing it for a year. I just love it. Working John Dillinger leader with Megan in the planning staff. You know, the d m d perfect attendance. As far as that goes only show up straight, ask questions to to ferret out sometimes what's
really going on. What? It's not quite clear. Yeah, just love to support the cause. We're pretty good. Are there any questions of Mrs from members of the committee? Comes around? They must present MR. Chair thing as the west for your willingness to serve. As you MAY have seen a week ago, this council unanimously passed a special resolution asking the Metropolitan Development Commission to institute a temporary stay on new data center applications until such time as c 47 gets finalized and approved. If we appointed today, would you honor that request from the council on? Can you say more about your feelings about that? Yes, I think fine. And good to do Clearly see that the staff struggles to cover whole. The data centers. They just don't
quite fit into the categories. They're special. And in the 2 that sent in front of his would say that it just a struggle. It's a struggle for the community. It's just it's a tough decision. And so some guidelines coming forward and a pause to establish those guidelines would be most welcome. Thank you very much. Additional comments or questions from members of committee. The teen. And is there anyone in the audience with the interest to propose a number 1, 2, 3, Seeing none entertain a motion. So moved. Alright, motions and probably moved and seconded. All those in favor. Please signify by Aye. And opposition. Please with very good, MR. Earnest. Thank you very much. Appreciate Yes. Next item on our agenda is proposing a one to 4 which approves an additional appropriation of $42,000 2026 The Marion County Coroner's Office County
Coroner's Perpetual a perpetuation fund to be used for property fraud in veterans honors and investment. So want to speak to propose a number one to 4. Well, that's that's just MADAM PRESIDENT. MR. CHAIRMAN, I move that we postpone proposal. Number one. 24 to the committee here. And I'm not exactly sure can provide us a date. So I move that we postpone the proposal to the next meeting Monday. Maybe. JUNE 8th. Those in favor signify by saying Aye. Any oppose nay. All Jason, thank you very much. MADAM PRESIDENT. Next item on agenda opposed the one to 5 which approves an additional appropriation of $250,000 in the 2026 budget of department from the development, the redevelopment general unconsolidated coming, general funds for the vacant vibrant
program. Good evening. Thank you, CHAIRMAN And members of the committee. My name is Megan Books I'm the director for the Indianapolis Department of Metropolitan Development. Here to go over proposal, one 25. And joining is also Deputy Director Jenny Fultz. So today's a proposal is related to our vacant, a vibrant program. And so just wanted to provide some information on this program. Before you go over today's request, as a reminder, we rebranded our Land Bank last year to the vacant, a vibrant branding. And we launched it and 2025 and we brought that back in-house, our Land Bank program. And so that program launched in APRIL of 2025. And so since that time we've
approved 96 sales through that program. We have received 183 total applications of those 96 approve sales. 60 were for affordable housing. 32 were standard market rate sales and 4 were home set, homestead or side lot sales. So we've seen a lot of success of from that program. And as a reminder in dc the Metropolitan Development Commission does approve all of those sales transactions. The average standard Homestead price standard and Homestead Price is around. $22,000. That's on average. What those lots are selling for. And then the average affordable housing sale price is around $5,000. And shown. Here is an image of one of the homes that was redeveloped through the vacant a vibrant program. And that is a home that is in council
district. 8. So that our quest for you all tonight is a request for $250,000 and character. 3. Some of that will be coming from the Consolidated County General Fund and some from the redevelopment General fund. We've identified a total of alleged 11 structures on properties that are owned by the Department of Metropolitan Development that are ready for demolition. And so those addresses are listed here. We've also have a map identifying where those properties are located. But we'd really like to move forward with demolition to get those lots ready for resale. And so those are the addresses. And those are funding is being afforded from closure of prior your
obligations and would have no impact to the current year fund balances. We are happy to answer any questions that you all have. Thank very much director because Any questions from members of Presidents. Thank you. Thank you for your presentation. Just briefly, if you can tell a site which townships which districts those houses are located in. I don't have that off the top my head. We have the addresses here. I if you give us, I can follow up with you after this on which additional questions so hard. Thank you, MR. My question is how buyers? I've been part of this program. How many fires? Yeah, unique was that are that are coming in and you're doing the renovations for trying to get a feel for, you know, how
many? It the same group? People's like one or 2 people is it doesn't need. I don't know if we have the unique how many unique individuals have purchased these. We have 96 approve sales in. Some of those are through, let's say Habitat for Humanity. We partner with them a lot. And so they would be someone who, you know, has has done multiple properties. We do have our administrator of real estate peers, Kirby, I don't know, Piers, if you have any insight different. Good evening. Yes, it went to the question. It is dozens of different applicants have been multiple applications and statements to so. It's a healthy mix. It's not one or 2 people who are applying it is housing developers for profits, neighbors who have side lot application request. So its I get to the full list if you like. You know, I just there's an opportunity if it's not already existing to maybe
partner with the office of women and minority business owners and see if there's an opportunity to help promote some of the smaller firms that exist in the city for an opportunity on houses. That was part of the basis of The thought. It would be happy to do so. Absolutely good. Thank you very much. Council Gibson. Thank you, MISTER CHAIRMAN. I want to the city for this initiative to put more housing on the market. I think even primarily you bring properties and putting back in the property tax rolls away. Also bring in more money into. Have help with city services. So I'm grateful for that. And I asked my colleagues join me and the supporters recognition just today. Thank you. Consultant. Thank you. Have told that council Gibson just said and took the words of my mouth. Want to say at least
one of these demolitions, I think it's in my district and it's a the site that I'm thinking of is desperately needs it. And so I think that will really help them deliver a turnaround also just wanted to say the council had point. I appreciate I think as you might have you to thank Piers or or other to the staff. The victim vibrant team has sent counselors emails showing who the prospective buyers are to allow us to kind of raise red flags or or warnings if it turns out not to be a good community partner that has been working well with others, which I really appreciate. And it's also helped introduce you to new small developers are trying to get off the ground. I really appreciate that spirit of collaboration as well and would also urge my colleagues to support this proposal because I can count because of killing. Thank you,
MR. I was hoping director of the consent that you could tell me how widespread the problem is of homes that need to be torn down. Like is there a a backlog list of properties? And if there is how how long as that list. Yeah, I can take that one. That's okay. I'm Jenny Fultz deputy director for the Department Metropolitan Development. The majority of the properties that we own in the vacant, a vibrant program of vacant. Lots. We don't own a lot of homes. So we do not anticipate a big backlog. These are the properties that we currently own and this would take care of the demo needs of the properties that we currently on. Absolutely. Go any additional questions. There anyone in the audience with an interesting proposal? Number one to 5. Seeing well motion. So. Motions and probably moved and
seconded all those in favor. Please signify by saying Aye. Any opposed nay. Ayes have Thank you very much. The next item on agenda proposing a one to 6 which approves a payment in lieu of taxes. Pilot as provided in icy. 36 3 dash 2 12. 44 double housing project being financed in part with low-income housing tax credits. None of the South side consisting of 227 affordable housing units for low-income residents located at 14. 0, 6, and 14, 19 South Capitol Avenue and 14 72 South Illinois Street District 18 place. My name is Carl with the annex group here to speak on project. So just about a year ago. I think we were. Someone else from organizations before your
group in at requesting the pilot. And there was commitment made is we were just getting started at the project development and now we're back. Please. Advance that. Enter asking for for that pilot actually be approved. Next slide it just a little bit about the annex group If you. Refresh your memory are local developer. Here are active in multifamily housing in and really focused on affordable projects, primarily also active in student housing and workforce housing space. Statistics year were. Updated from our Web site pay a little bigger numbers. And then where we were a year ago was where urban. Seeing a lot development activity and growing our portfolio. Next slide to Indianapolis here. This sir location is on the South side. But we have
another project where just on the front considering and the West side and up in the northwest side, property that we acquired. So this would not there only a project here locally. Next slide shows kind of an aerial of where this is in West to the site, downturn. So the White River to the we're south of innerbelt, their guests 70 and that church cotton from Cleveland, sir, just just south of Lucas Stadium a little bit Stone's throw from Kelly Park and off to the east and other set of Meridian, the Sacred Heart Church. So just context of where the site is at. Summary of the project, it's a trend. 27 unit, Affordable Housing Project, 100% affordable into 4 story buildings. So this is
a 4%. Quite project and with the support of the pilot helps put together the capital, sticking it to make the project viable. We do have several amenities in the project to community room fitness room. Computer facilities and on community pantry. Onsite leasing and management offices and police and community garden space. We have playground and a dog park planned. This next slide. Just kind of a. It's a plan here. The 2 buildings. Situated in unique shaped piece of property there, south of Arizona streak on south capital. And with also a second driveway excess often Illinois. And that you said that. We included floor plans of the buildings can mix of 1, 2, 3 bedroom units. Across both a 60% to threshold. And
parking on site parking for. 2.27 spaces. One per unit there. Next slide or rendering so and lower left, there's kind of from the West into the site looking in towards the project, building a on the larger building on the left and building be a little further off and the to the right in the upper right. There is a interior looking between the buildings of playground space and open space that's created in that. Area between the buildings. Another view across the playground towards. Building a which is the leasing office those common spaces in that building. And elevation. So the buildings we did have the projects reviewed by the city architect. And I think there satisfied now with the architecture. And so this recap here, the request here to approve the pilot, which
is. Also the community benefits agreement component the pilot payments, you know, will increase 15 year term and does provide a significant tax savings to help make this project viable are commitments are too. Bill that out this. Projects support of the old South Side community. Housing needs and it will be 100% affordable project for 30 years. We do resident services plan. An eviction prevention plan says part of our. Operations will. We will hold the property where? Construct I want operate. And then we have a slide here, kind of outlining some of those community benefit programs that will be available. Read through those. We have the insight Food Pantry. We have some partnerships with different organizations that financial. Kind counseling
support wellness, healthy. My exercise to programs. Do. The fitness center, community and Community Computer Center on site in support of those. To finish. It is. And and then we have a summer reading program and the last bullet. Their youth are craft programs in gardening with the with the youth. That's us photo on the upper right from another state. We do try to engage residents and provide some of services to them. There will be annual compliance reporting just to make sure that residents are participating and engaged in these in these programs. So with that, I'm happy to answer any questions. Fry. Any questions, Mr from from members of the committee. Thank chair. Thanks, MR. 5 for the presentation product
sounds Great. Love 100%. You know, affordable for 30 years. Just curious after any given that the pilot agreement itself on the last 15 years would hold you to that commitment starting and you're 16. There is with the with the tax credits. Those are also Virginia, but is that there is that long-term term? You know, requirement and maintain that. So that's I see. Like that commitment rather than okay. Thank you. Additional questions. Seeing none. Is there anyone in the audience with an interesting proposal? Number one to 6. We've seen no wants to but those properly moved and seconded. All those in favor. Please signify by saying Aye. Any opposed nay. You guys haven't. Thank you very much, MR. Frank, thank you. Next item on agenda as opposed one to 7 directs the City County Council to except for the record, the 2026 a mission for the 2025 calendar year. The tax increment
finance, tif District financial report pursuant to an icy 36 dash 7 dash, 15.1 3, 6.3 Is there someone here to speak on this proposal? MR. CHAIRMAN, I move that we postpone this proposal to the next scheduled Metropolitan Economic Development Committee motions and probably moved and seconded all those in favor. Please signify by saying any opposed nay. All Let's have it. We shall postpone this until next scheduled meeting. Next item on agenda proposing once 1, 6, 0, which approves a payment in lieu of taxes. Pilot. That's I did. And I see 36 3 2 dash 12 for for Affordable Housing Project financed in part with low-income housing tax credits pursuant to section 42 of the Internal Revenue Code of 1986.
As amended known as West Park consisting of 40 affordable housing units for low-income residents on the parcel located at 23. 0, 2, West Morris Street in Indianapolis. And that's in District 17. And show you in control the size thanks good evening. I'm Knicks are back with thing with development. Behind me is Lisa Leff. And with less Indianapolis Development Corporation who will be the owner of this development. Just to give you a little background we are a small, family-owned affordable housing developer. This time the second generation affordable housing developer were based here in Indianapolis. We also have a property management arm as well. We manage about 2200 units in the state of Indiana, Illinois and Arizona. West Indianapolis from a corporation is a 5, a one c 3, obviously located the west
side of Indianapolis and focuses on affordable housing. Rental and homeownership opportunities. If you could put 2. Next slide. So as you noted, this is a 40 unit affordable housing development. We applied for low income housing tax credits that summer and received an award this NOVEMBER. And we are targeting the SEPTEMBER as financial closing in the construction started this project. He did. The units will be set aside for households and with a member who an intellectual or developmental disability. Tonight, ca has ordered U.S. Project based rental assistance contract to support those units to make them affordable for people at very low income. I think it's important to point out that
this particular neighborhood only has 2 previous tax credit developments in the most recent one was 25 years ago. So basically it's banned over a generation since there's been any new significant development here. So I think that kind of highlights the importance of this project. It's also important to note that the city has invested over 12 million dollars in streetscape and infrastructure improvements along West Morris Street starting on Harding basically turning right from this building. So it's been kind of prime for additional development. And so this is kind of anchor on the west side of of of the neighborhood. Could next we go. So it's a small I think it's in. You'll see on the next slide with the site plan. West Indianapolis telling corporations actually coached seeing the entire parcel, not
just the area in red. That's are building will be located. But the area to the North will be the home of townhomes best Indianapolis will. Develop as well as somewhat or set a chase through Habitat for Humanity. You got next slide. You take a little bit what they're eye see. It's tilted on its side. So the south of the on the left-hand side. But you can see we have 7 else, a building and you can see directly north of those will be townhomes. And then on the right hand side, which is actually running east to west. Those will be developed by Habitat for Humanity for single-family home ownership. Here's a rendering of the development. We consulted with community extensively on the project design and we presented multiple threats and looks for And this is piece of it. And I and I can tell you
that was unanimously the favorite of all committee members that were present. There's no vinyl on this building. This is what you're seeing there with great Stack Stone. We have fire aboard. We also have a summary of building as well. So the total project cost is just over 12.4 million, the majority. This is from investor via the tax credits. We also received a $500,000 soft loan from might cba. There's 2.2 million dollar permit mortgage. We are putting some of the developer feed into this project as well. The only resource for requesting from the city is the pilot. We did not ask for any home or any other sources for this project. And then as I mentioned before, we do have a project base for assistance contract for might cba for the id. The House votes. And
here's showing the unit next. I buy area median income set aside as well as Euna type. The project is profoundly one into better as we have a few 3 bedrooms. But I think it's important to point out that we have for the units are at 50% or below the area, meaning come to serve deeper red targeting, then you would have an atypical development. So we have a list here of some of the typical amenities or management provided amenities that we have. They'll be free Wi-Fi throughout. We have a monthly community newsletter and we will also be working with west listed on the corporate side because they also have a newsletter that kind of keeps all their residents as well. Vars abreast of happenings in the neighborhood are opportunities
to partner service providers. The company will have a full time. Property management staff on site. We also have 24 hour today, emergency phone number that residents call if there is an issue. So there's always someone available to deal with any issues that come up at the site. And then we also provide all residents with the meeting packet that has a list of all the service organizations that we have and partnership with. So they're aware of what those are move in. And they can also always come to the property manager, too, explore how they can connect with us. Okay. Next. This is an additional list of other services that we will pursue as part of our application for taxpayers. We made the commitment to that we
would. Pic from kind of a menu of potential services. We have to provide at least 8 of these. And so we will engage with various service providers on that as we move through the development, I have a list of bullet points here, sort of the typical services that we would have. That includes things like nutrition classes resume building tax preparation, assistance, sometimes home health care. Peer support groups, utility assistance, transportation assistance, things of that nature. Next slide. Has to provide some information here about the services that id households can expect. We are partnering with Noble of Indiana has our support of service provider and we have and you with them in place already. Obviously, this is a more intensive sort of service program. We expect him to be on site regularly. Case
managers will be there. Lot of the services that they will need provide to those households will be on ongoing and perhaps daily basis. All right, on to the pilots requests. So. This is an important financial tool for projects like ours. It helps fill some of the financing gaps by us being able afford a larger mortgage. It's also a scoring. Consider is consideration for 8 cda. One projects come before them. The use of scoring system decide who wins, who loses and if you can demonstrate that you flavored significant local resources that help to a great deal. And so that was part of their consideration when they decide to approve this project, what we're requesting is a payment limit access. It comes to $250 per unit per year will trend at 3% annually and continue for 15 years. And at last, there's just short
time line here soon mean we. Are approved in JUNE. We plan to start construction in SEPTEMBER. I will start releasing these units in SEPTEMBER of 2027. We anticipated going to be done by the end of 2027 and based demand. We believe it will be fully leased by APRIL. 28. But that it had take any questions. You have. Thank you very much. Questions from council. Was PRESIDENT. I appreciate the the partnership with Noble Center. I'm a big supporter of them. They do really high quality work when it comes to be individuals with it. However, they have the right to choose their own service providers. So have you. Made allowances for a summer moves in and they decided to change service providers. Are you going to be accommodating to? So nonprofit 100%. We can't. We can't have
an exclusive agreement. They're just there as a primary. They'll serve also as a referral agency as well. As you know, there's probably some criteria that you have to meet to be considered idd. And so we are required to work with noble or other service providers to source those tenants. And you anticipating that these are all going to recovered services for the housing or the some other sort I think they often are covered by that. Yes. And then you looked at village over in Lawrence as as a model because they do similar work and they've been incredibly successful flight almost 30 years. I'm aware of them. I haven't spoken personally. It doesn't give model, but I think it would be worth your time checking in with them because they really pioneered
this kind of a model of mixed lending and opportunities for way recovered services for people with that they did it over at the when the for the redeveloped and probably with the model entire state. So should to be worth your time? You know, just to to build on that, we're required to undergo kind of best practices training through icy day because we did have this award and has it household. So we will be attending that in JUNE. I've been through it once before ever Project Construction committee and that's also serving folks. We have cargo services up so it's something I've got some familiar with. But, you know, we will be engaging for a fight cda experts in this area as well. Colonels also another quality. All right. Thanks a lot. Appreciate just a
starting to come to Gibson. Thank you, MR. PRESIDENT, thank you for your presentation today and always willing to support someone is trying to bring more affordable housing into the city. My question for you this evening is regards to you got that menu of community service, as you mentioned, that you have to pick minimum What happens if you don't land say what kind what is in for reinforcement measures to make sure you land on say they could take my tax credits away which would present a enormous fiscal problem you'll be delivering the a highly incentivized. Guess I put it that way. I mean, as you saw, maybe in the capital second 9 million-plus of the 13. Is due to that that goes away. Got an issue. Counsel. Ku. Thank you, MR. Chair. Yeah, I'm also fascinated by this. Id focus
and wondering if we've guess I'll preface by saying we this is one of the most extraordinary shortage of housing types that we have here. And I and I think that's true. Kind of nationwide. Can you speak on? How did that come to be done? Did you approach them to the approach to how to how did this happen? How he get more of So actually does have that as one of their official priorities for the 9% tax credit program, it just to backtrack a little bit. The their art actually 2 different affordable tax credit program to 9% to 4%. The previous presentation was the with the 4%. That's noncompetitive. You don't. You're not really in competition with anyone else. For the 9% program. There's a limited number of them available every year. So they come up with a scoring system. They also have different
buckets of credits. Some of them are geographically large cities. So only if you're in Indianapolis or when the other large cities can go after that. But they do have a set aside for projects that serve it household. So they incentivize that. Unfortunately, they're only able to fund 2 to 3 of those a year. Then they also intern. So the rental says that we get this section 11 rental assistance that will support that. They have a grant that supports And so they they have that secured for enough in the future that I think they're going to continue to fund 2 or 3 is every year for probably about the next 10 years, right? Guess my my question isn't that the tax credits exist asking how how did you decide to look through the menu and go? That's the track that's attracted to me because that's what I need to do for
the 9% or was there some other broader conversation that said this is this is what I I mean, I so I have one under construction that we've pursued already. And I just saw as a need and an interesting project concept for me to become more familiar with. And if it's something that I feel works well, I will pursue more than the future. I will be reach anti because I I would love to discuss this even more sure feel free. Very good. Additional questions. Consider Thank you, MISTER I'm really excited about this project. I know that you guys have worked really hard and on a separate conversation, we should be as a committee talking about the difficulty for development in the city
and how long this process is taking because I lived through their frustrations somewhat through this. This goes back many years and part the community West Indianapolis, Lisa Life, one many residents, council Jones work to develop a infrastructure plan over there that I think was a 10, 12 million dollar investment and Wes Moore Street. And this is a product of that. And it's good to see an investment occurring off of the public investment. And we're really excited about this. And it's good to keep that affordability in that community. West Indianapolis, I my family goes many, many years. There just seems like it's a community that gets jumped over quite a bit. So I'm excited to be a part of this with that said, MR. PRESIDENT, I motion remove proposal. Number one, 60 to
the full council to do pass recommendation motions and probably moved and seconded I think it might need to ask. However, if there anyone in audience who would like to speak to it? There anyone in the audience who would like to speak to proposal number one, 6, All right. Seeing none. Could you try that one more time Lisa, you work so this. You sure you want to say a few words. Did such a great job. Certainly selected listed hapless development Corporation. They did a great job of getting the nitty-gritty and the nuts and bolts of what we're doing. This project is so important for our community. So thank you so much. Today for hearing us and for considering the pilot for this project. When Nick said that there had not been another income housing tax credit project in our
neighborhood for 25 years. Not only is that true, but we have very, very limited multifamily in all of West Indianapolis by that south of Washington, north of Raymond, whatever the whole road. That 39 unit, senior building that we built in 1998. Is one of those. There's a 12 unit, old school conversion. And then there are 2 other buildings have about 12 units each in them. Don't have multifamily. So this is a huge win for the community and for a neighborhood. And we've been in front of a neighborhood association, the majority of our board lives in the neighborhood or works in the neighborhood. And there's a lot of excitement and buzz about the opportunity for something new coming along on the heels of the more street redevelopment. So thank you very much for your
consideration today. We appreciate it. Thank you, Jonathan. That hurt? All right. So I just want to say that on a handful of occasions and or the most recent ones I got invited West in the meeting because I like some of the work I've done on so much restrictions, which is also an issue I on the West side. learned quickly about the folks on the west side of Indianapolis have no problem. And speaking of if they don't want to see something the fact that there is nobody on shooting. Says a lot speaks volumes. But beyond that, please, their self represents a lot of good things for the community and I'm happy to support, especially seeing her as part of the project. Want to take the option to say that. I think it Any additional questions from
counselors. Seeing none motion. All those in favor. Please signify by saying Aye, any opposed nay. That motion carries. Looks like we have hit the end of our agenda early for this evening. So if there is no further business, I entertain a motion to adjourn a very good for John. Thank you.