Supportive Housing Uses Innovative Funding
The Broadway Area Community Development Corporation (BACDC) developed the Northwest Indiana Veterans Village, a 44-unit apartment building that opened in March 2016 in Gary, Indiana. The $10 million development benefited from an innovative source of funding - the Supportive Housing Solutions Fund, which provided a critical pre-development loan that BACDC was not able to secure from conventional lenders. Read the story here.
