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Culver Stellar Communities Housing Application Complete

August 28, 2018
By

Culver Little Town on Lake MaxinkuckeeThe Town of Culver is pleased to announce that the town supported application for Indiana Housing and Community Development Authority tax credit funding has been submitted to the State of Indiana for review.  As a Stellar Community Designee, the Town of Culver’s application will be placed in a separate category of applications to compete for funding set aside for Stellar Communities only.  This is the next step in Culver’s ongoing effort to support local employers by increasing housing options and ensuring their employees can live and work in Culver.

The application was submitted by local developer Kevin Berger, owner of Easterday Construction in Culver, with support from the Culver Town Council.  The housing development, if awarded, would include a total of 48 new units of workforce housing.  Included in the mix of units will be 36 three-bedroom units, and 12 two-bedroom units.  If awarded, the new development, which has been named “The Paddocks,” will be constructed on Cavalier Drive, across the street and neighboring the new apartment building currently under construction, Sand Hill Farm.  The Paddocks will feature a split of townhomes and apartments, with the townhomes being entered into a rent to own program for qualifying residents.  These units will require income based rents as established by the office of Housing and Urban Development.

The application was submitted at the end of July, and the projects that will be receiving tax credit funding from the Indiana Housing and Community Development Authority will be announced November 15, 2018.

Additional information about the The Paddocks, including site plans and elevations can be found on the town’s website at www.townofculver.org under notices.