Project Profile

Priscilla Apartments

69

Jobs Created

$1,170,328

Tax Impact

$2,944,498

Income Generated

$4,000,023

GDP Added

$7,831,577

Output Generated

Priscilla Apartments, located in Indianapolis, Indiana, was originally built in 1925. Over the years, the building has been an integral part of Indianapolis’s Old Northside neighborhood, serving as a boutique apartment residence featuring Art Deco architectural elements. It was historically home to professionals and working-class residents, reflecting the city’s early 20th-century urban housing boom. Now repurposed, it serves as a 40-unit permanent supportive housing complex, offering affordable housing and on-site support services for individuals transitioning out of homelessness. The rehabilitation maintained key architectural details, such as its ornamental brick façade and high ceilings, while modernizing interiors with contemporary amenities. Through the federal Historic Rehabilitation Tax Credit, Priscilla Apartments supports the growth and well-being of the Indianapolis community, ensuring its legacy remains a vital part of the city’s future.

Tax Credit Type:
Federal
Address:

1309 N Pennsylvania St
Indianapolis, Indiana 46202

Contact us for more information about impact investing, federal and state tax credits.