HAND awarded AHP grants for two affordable housing projects in Hamilton County


HAND, Inc. has received grant funding for Roper Capstone and Spicewood Gardens, Phase III. HAND, Inc. had two of the 41 projects receiving funding as part of the Federal Home Loan Bank of Indianapolis’ 2014 Affordable Housing Program.

Roper Capstone will involve the renovation of an old vacant building across the street from the HAND office in downtown Noblesville. When complete, Roper Capstone will provide six one-bedroom apartments for individuals living with low incomes. Officials said it will be a wonderful additional to the existing Roper Lofts and will finish revitalization of the 300 block of S. Eighth Street.

Spicewood Gardens, Phase III will add eight new apartment units to the 52 units already in place at Spicewood Gardens in Sheridan. Eight more seniors, age 62 and older, living with low incomes, will be able to enjoy quality affordable housing in a neighborhood and community filled with great people and a great future.