2017 Annual Report – A Message from the CEO

It is my pleasure to present the 2017 Annual Report for Advantix Development Corporation. Advantix is now a development corporation, and as such, our efforts are producing tangible results. Our presence, as well as our vendor booth at conferences, enables us to attract and engage strong contacts at the state and regional levels. In addition to Advantix construction growth, other housing authorities are seeking our Read More »

Advantix Development Corp. Receives $742,500 in Tax Credits for Trailside Townhomes Development

The Indiana Housing and Community Development Authority (IHCDA) announced that Advantix Development Corporation has been awarded $742,500 in Rental Housing Tax Credits (RHTC). The purpose of the RHTC is to incentivize private developers and investors to provide affordable housing options. Advantix will construct Trailside Townhomes, 45 new units of affordable housing on Kokomo’s south side. Read More »

U.S. Dept. of Labor Awards Evansville YouthBuild $1.1M Grant

Evansville, Indiana – YouthBuild, an Evansville, Indiana program of Advantix Development Corporation, received a $1.1 million award from the Employment and Training Administration of the U.S. Department of Labor. In YouthBuild programs, low-income young people ages 16-24 work toward their GED or high school diploma while learning job skills through building affordable housing for homeless Read More »

Overcoming Financial Challenges

Housing authority implements program to operate with less assistance from HUD Dealing with a shortage of available funding through the U.S. Department of Housing and Urban Development (HUD) hasn’t been easy for housing authorities and affordable housing developers across the country. Due to sequestration in 2012, the agency had a $750 million shortfall. That year, Read More »

RAD Renovations

Evansville Housing Authority preparing for refurbishment of public housing by Sean Adams – Evansville Business Magazine / photos provided by axiom Evansville Housing Authority’s public housing is getting a much-needed facelift thanks to its acceptance into U.S. Department of Housing and Urban Development’s (HUD) newest assistance program. HUD’s Rental Assistance Demonstration (RAD) program combines assistance Read More »

Groundbreaking Marks Transformation of EHA Public Housing Apartments

EVANSVILLE, Ind. – At a symbolic groundbreaking on Wednesday, the Evansville Housing Authority (EHA), Department of Housing and Urban Development (HUD) and other officials kicked off the $18.2 million Phase 1 refurbishment of public housing apartments under a new HUD program known as RAD (Rental Assistance Demonstration Project). Evansville is one of the first cities Read More »

Ceremonial Groundbreaking Rental Assistance Demonstration Project

Evansville Housing Authority Invites You to a News Conference & Ceremonial Groundbreaking Kicking Off $18.2M Phase 1 Construction of EHA’s Rental Assistance Demonstration Project (RAD) A transformative program set to refurbish and sustain public housing properties in Evansville communities for a stronger, more vibrant future. Date: Wednesday,June 29, 2016 Time: Time: 10:30a.m. CDT Location: White Read More »

EHA Finalizing Public Housing Conversion to Rental Assistance Demonstration (RAD) Program

EVANSVILLE, Ind. ~ The Evansville Housing Authority (EHA) is scheduled to sign documents on March 31 that will finalize Phase 1 of EHA’s conversion to a new business model for operating and funding its public housing properties. The new business model, called the Rental Assistance Demonstration (RAD) program, will create a public/private partnership that is Read More »

EHA Board of Commissioners Approves 2016 Operating Budget

On November 17, 2015, the Board of Commissioners for the Evansville Housing Authority formally adopted and approved the 2016 budget. The budget covers the upcoming calendar year. EHA must prepare and submit an annual operating budget every year to comply with the U.S. Department of Housing and Urban Development (HUD) requirements. The Commissioners’ approval is Read More »