Central Lofts | Evansville, IN
Anderson Partners LLC represented AP Development LLC in the redevelopment and rehabilitation of the former 1913 YMCA in Evansville into 62 units of affordable housing. As part of the Greater Southwest Indiana Regional Development Plan and the Regional Cities Initiative, the YMCA has built a new $15 million YMCA facility adjacent to Central Lofts. The $13 million project was funded through a combination of Federal Low-Income Housing Tax Credits, Federal Historic Tax Credits and Tax Increment Financing.