Communities
Vision communities are communities with a greater sense of purpose and responsibility to improving the lives of residents. We are proud of the communities that we have partnered to develop. Below are the properties that Vision Communities, Inc. are currently supporting:
Development | Bin# | City, State | Units | Type | Year of Award | Annual $ Awarded/Devt. | Role in Project Development |
Douglas Pointe III Assoc., LLC | IN-97-11000 | Hammond, IN | 64 | New | 1996 | $165,527 | Acquired GP interest in February 2010 |
Misty Glen Apartments | IN-97-04000 | Hebron, IN | 80 | New | 1996 | $197,054 | Acquired GP interest in May 2007 |
Historic Muncie | IN-97-04200 | Muncie, IN | 35 | Rehab | 2008 | $559,736 | Co-developer (40%) & Sponsor to City HOME Funds |
Great Oak, LLC | IN-10-06900 CH-007-019 |
Monticello, IN | 35 | New | 2010 | $4,590,170 1602 Exchange $400,000 HOME | Sole GP & Co-developer Sponsor to State HOME & Trust Fund |
Jackson & Vine | IN-10-01300 | Muncie, IN | 35 | Rehab | 2010 | $687,160 | Co-developer & Sponsor to City HOME / NSP Funds |
The Village at Hillside | IN-11-02100 | Anderson, IN | 40 | Rehab / New | 2011 | $788,764 | Co-developer & Sponsor to City HOME / NSP Funds |
Dunedin | South Bend, IN | 168 | Rehab | ||||
Howard Square | Muncie, IN | 30 | New | 2005 | |||
Downtown Terrace | Petersburg | 40 | Rehab | Co-sponsor | |||
Clark's Crossing | Vincennes, IN | 47 | Rehab | Co-sponsor | |||
Westwood Crossing | Washington, IN | 37 | New | 2012 | |||
Great Oak | Monticello, IN | 35 | New |
Acquired & Owned
Misty Glen (80 units / Hebron, IN)
Co-Developer / Sponsor
Historic Muncie (35 units, Historic Restoration / Muncie, IN)
Howard Square (30 units, Senior Housing Project / Muncie, IN)
Jackson & Vine (35 unit, Rehabilitation / Muncie, IN)
Village at Hillside (40 unit, Rehabilitation / Muncie, IN)
Sponsor / Owner
Great Oak (35 units, Senior Housing Project / Muncie, IN)
Sponsor
Westwood Crossing (37 units / Washington, IN)
Acquisition
Douglas Point III (58 units / Hammond, IN)
Pipeline Projects
Sponsor / Owner / Co-Developer
Clark’s Crossing (47 units, Historic Rehabilitation / Vincennes, IN)
Vision Communities, Inc. has Affordable Housing experience with four LIHTC Projects: Misty Glen, Howard Square, Historic Muncie and Great Oak.