About PAH
Preserving the Past, Empowering the Future
Partnership for Affordable Housing
Providing Affordable Housing to Communities Throughout Indiana
Intention
Our intent is to connect residents with outside agencies while ensuring access to essential services, health benefits, and community resources. Our commitment is to foster a supportive environment where everyone can thrive. We hope that our senior residents can age in place with dignity and that our families can connect to the resources they need to create economic stability and growth.
Our History
In 1993, PAH developed Courts of Colfax Apartments, an affordable housing property for the elderly and disabled. PAH was responsible for overseeing the planning, construction and operation of Courts of Colfax and saw that the property was completed on time and within budget. PAH, as its general partner, continues today to oversee the operations of the on-site third-party management company, monitor the performance of the property, and make all operational and
policy decisions.
In 2010, PAH initiated programs to further develop the organization’s vision of providing services and subsidies to low-income and elderly individuals. Five additional properties: Valley Court Apartments (Madison, IN), Pine Grove Apartments (Bluffton, IN), Rock City Lofts, (Wabash, IN), Baker Flats (Evansville, IN), 46th Flats (Indianapolis, IN) have been added to the PAH portfolio since that time.
PAH developments and acquisitions are funded through grants, donations, and public funding sources. In furtherance of our mission, PAH is actively seeking to:
Own and operate affordable (Section 42) housing properties through limited partnerships with for-profit organizations.
Develop, construct or rehabilitate new affordable (Section 42) housing properties to expand the reach of its housing activities.
Acquire 100% ownership of affordable (Section 42) housing properties, through donation of the asset to PAH.
All of the properties in PAH’s portfolio operate under Section 42 of the Internal Revenue Code.
Board of Directors
PAH continues to pursue its mission of providing affordable housing to low-income and/or senior elderly residents with the help and support of the Board of Directors. The current board is comprised of five professionals with extensive experience in all aspects of real estate financing, development, investment, and management.
Potential Future Projects
We are excited to share that we are actively working on future housing projects designed to support a variety of community needs.
Our upcoming initiatives will focus on:
Survivors of domestic violence: We aim to provide safe and supportive environments that empower survivors to rebuild their lives.
Individuals in recovery: Our housing goal is to offer a stable foundation for those seeking to overcome addiction and create a healthy future.
Justice-impacted persons: We are dedicated to helping individuals reintegrate into society by offering safe, affordable housing.
In addition to these vital projects, we are eager to collaborate and partner with other agencies. By forging partnerships, we can enhance the resources and support available to our Indiana communities. Together, we can create a resilient and inclusive community that uplifts everyone and fosters a sense of belonging and empowerment.
