The Annex Group®, a leading affordable housing developer announced its partnership with Youth Build Indy to help in the completion of construction for Union at 16th, an affordable housing community currently being built on the near westside of Indianapolis. The program, which operates under the acronym BUILD standing for Believers United in Local Development, provides…
Category Archives: Uncategorized
Dec
21
2021
CEO of The Annex Group, Kyle Bach, has been nominated for two prestigious Prosperity Indiana Awards. Bach was nominated for The Michael Carroll Community Economic Development Leadership Award, which distinguishes an individual who has exhibited exceptional advocacy to further support the community economic development industry, and the John Niederman Rural Development Leadership Award, which celebrates…
Dec
21
2021
Recently The Annex Group won the Safe Jobsite Award from Safety Resources, Inc., a provider of workplace safety solutions and services. The award was presented to The Annex Group team members based specifically on their work constructing Union at 16th, an affordable housing community in Indianapolis that is currently under construction. The award highlights companies…
Dec
21
2021
CEO of The Annex Group Kyle Bach, will be speaking at the National Council of State Housing Agencies (NCSHA) event HFA Institute 2022 where he will discuss Development and Construction Challenges during his session. What: The Annex Group CEO Kyle Bach speaking session at HFA Institute 2022 When: Monday, January 10, 2022 from 1:30 –…
Nov
21
2021
As many sectors of the economy have seen significant improvements within the past decade, affordable housing remains a significant concern to our communities. According to the National Low Income Housing Coalition, 10.8 million renter households with extremely low incomes account for 25% of all renter households and 9% of all U.S. households. Of the 10.4…
Oct
21
2021
As a leading workforce, affordable and student housing developer, The Annex Group® is proud to announce that we have been presented a coveted Midwest Prodigy Award from the Indiana Apartment Association. The Best Tax Credit Affordable Housing Community Award was presented for Union at Crescent, an affordable housing community in Bloomington, Indiana that opened in…
Oct
21
2021
Recently plans were announced by The Annex Group® to develop a new affordable housing community in Howell Township, Michigan. Union at Oak Grove will be located in Livingston County at 1850 Molly Lane and feature 220 one, two and three-bedroom units available to individuals and families earning wages 60 percent or below the area median…
Oct
21
2021
We at The Annex Group®, are pleased to announce the hiring of Margaret Blum as our new Senior Director of Development. Ms. Blum has enjoyed a more than 25-year career working in land development, strategic planning, and project management. She most recently served as a senior development manager, part of a national development team responsible…
Sep
21
2021
At The Annex Group we are working to ensure everyone has access to a home that is a catalyst for both personal and community growth. We firmly believe that a place to call home should be a necessity. Affordable housing is absolutely foundational to thriving communities. However, there are a variety of myths and misconceptions…
Sep
21
2021
The Housing Shortage in Cedar Rapids, Iowa A lack of affordable housing has been an issue in the Cedar Rapids, Iowa area for many years, for multiple reasons. Before the pandemic, unemployment rates in the area were below the national average (2.8 percent in February 2020 compared to the United States’ average of 3.6 percent),…