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Tax Credits to Help Build Homes in Renaissance Pointe

The Indiana Housing and Community Development Authority (IHCDA) recently awarded $1.1 million in tax credits to a proposal submitted by Biggs TC Development, based in Decatur, Indiana. The award is part of $13.9 million in Rental Housing Tax Credit allocations announced by the IHCDA on February 23, 2017.

Biggs’ application outlined construction of 89 housing units serving low- to moderate-income individuals and families. Sixty-four of the units will be located in Decatur while 25 of the units will be located in the Renaissance Pointe neighborhood in Fort Wayne. The 25 units will be single-family lease-to-purchase homes similar to others Biggs has built in the neighborhood.

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National Experts to Assist Fort Wayne UNITED Strategic Planning Process

Three national leaders are visiting Fort Wayne to assist Fort Wayne UNITED in a strategic planning process that will further expand efforts to help all black males in the community reach their full potential.

Fort Wayne UNITED is a mayoral initiative announced by Mayor Tom Henry in July 2016. It places two national efforts, Cities United and My Brother’s Keeper, into one program that advocates for and implements policies and practices to ensure equity and opportunity for black fathers, brothers, and sons at home, work, school, and community through collaborative efforts.

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RealAmerica Celebrates Start of Construction for Superior Lofts

RealAmerica Companies today celebrated the beginning of construction on Fort Wayne’s newest downtown living option, Superior Lofts, 102 W. Superior St.

Superior Lofts is located near the planned Phase I Riverfront Fort Wayne development and will convert obsolete manufacturing space into residential and retail/restaurant space. The former Graphic Packaging facility was built in 1905 and has been empty since 2010.

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Medical Device Manufacturer Opens in Urban Enterprise Center

Global Medical Industries, Inc., the area's first minority owned supplier of products for the medical device industry, is now located at the Urban Enterprise Center, 1830 Wayne Trace. A ribbon cutting ceremony celebrating the opening of the new business is planned for 1 p.m. Thursday, January 26.

Company founder Victor Lopez, who has 20 years of industry experience, serves as president and CEO of the full-service manufacturing company, while his wife Judy Lopez serves as human resources/office manager. Global Medical anticipates expanding its current team of four to 12 employees by year-end 2017.

Read more: Medical Device Manufacturer Opens in Urban Enterprise Center