- Published: Thursday, 02 March 2017 13:27
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.