Advantix Development Corporation is a public benefit corporation, organized and operated to foster low-income housing in and around Evansville, Indiana and the surrounding community that is served by the Evansville Housing Authority (the “Special Impact Area”).
The mission of the corporation is to expand the supply of available low-cost housing accommodations by constructing, rehabilitating, and funding the financing of decent, safe, and sanitary housing in the Special Impact Area for persons and families in need. Affordable housing is provided through rehabilitation of existing substandard buildings and construction of new facilities in the place of blighted structures or blighted vacant sites for the purpose of combating the deterioration of the community and contributing to its physical improvement.
In addition, Advantix Development Corporation strives to empower the persons and families who utilize affordable housing through programs designed to increase access to education, employment, and other supportive services throughout the community.
Advantix was organized and operates exclusively for nonprofit purposes and is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or corresponding provisions of any subsequent Federal tax laws.