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…
Aug
21
2021
The Annex Group®, a leading workforce, affordable and student housing developer, announces today plans to develop a new affordable housing community in Lawrence, Kansas. Union at the Loop will be located at 3250 Michigan Street and feature 248 one, two and three-bedroom units available to individuals and households earning wages up to 60 percent of…
Jun
21
2021
We are incredibly proud to announce that The Annex Group has been named to Affordable Housing Finance’s Top 50 Developers List. This list of the nation’s top affordable housing developers is generated using the number of affordable housing project starts and completions from 2020. The Annex Group ranks 42nd on the list, with construction on…
Jun
21
2021
The Annex Group®, a leading workforce, affordable and student housing developer, recently announced plans to develop a new affordable housing community in Cedar Rapids, IA. Union at Wiley will be located at 4227 21st Ave. SW in Linn County and feature 180 units, including one, two, and three-bedroom options. The community is targeting residents who…
Apr
21
2021
INDIANAPOLIS (April 13, 2021) – The Annex Group®, a leading workforce, affordable and student housing developer, announces today plans to develop a new workforce housing community in Bozeman, MT. Funding for The Annex of Bozeman closed today. The $31 million community will feature 134 units including studios, one, two and three-bedroom units available to working…
Mar
21
2021
INDIANAPOLIS (March 3, 2021) – The Annex Group®, a leading workforce, affordable and student housing developer, announces today it has $445 million worth of new development projects in the works. The bulk of the projects are in the affordable housing and workforce housing spaces, and will be completed within the next year or two. With…
Feb
21
2021
A Need for Housing in Downtown Indianapolis: In downtown Indianapolis, affordable housing can be hard to come by. There are several indicators of the need for affordable housing. To begin with, downtown is home to several of the state’s top employers, and people working downtown represent a wide-variety of income and skill levels. Because of…
Jan
21
2021
Housing Crisis in Bloomington, Indiana: The number of renters in the United States continues to surpass historic highs, which is causing a surge in demand that has resulted in significant pressure placed on the affordable housing supply nationwide. Within the city of Bloomington, Indiana, there was a deficit in affordable, multifamily housing available for rent.…
Jan
21
2021
Kokomo, Indiana’s Affordable Housing Need: When plans for a new housing community in Kokomo, Indiana were beginning in 2018, there was incredible need for affordable places to live, particularly for families. Howard County, where Kokomo is located, enjoyed a strong economy, with unemployment levels that had been declining since they peaked in 2009. In 2012,…
Jan
21
2021
THE ANNEX GROUP® ANNOUNCES PLANS FOR UNION AT 16TH, NEW AFFORDABLE HOUSING COMMUNITY IN INDIANAPOLIS
INDIANAPOLIS (January 12, 2021) – The Annex Group®, a leading workforce, affordable and student housing developer, announces today plans to develop a new affordable housing community in Indianapolis. The new $29 million property, Union at 16th, will feature 159 units with one, two and three-bedroom options at 2215 W. 16thStreet. The project’s financing closed today…