ApprovedOther

ECHO 323 W Michigan St Development

Description

ECHO Housing asked for a $250,000 Affordable Housing Trust Fund commitment toward a 32-unit affordable rental project, and the committee approved it contingent on the state tax credit award and 2027 funding.

Impact summary

Adds 32 affordable apartments downtown with rents from about $510 to $1,700 a month, mixing very low-income and workforce tenants to support the neighborhood economy.

Applicant

Name: ECHO Housing (Erik Tilkemeier)
Address: 323 W Michigan St, Evansville, INSee this on the map(approximate)

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last vote · Affordable Housing Fund Advisory Committee (AHFAC)

Approved

Last discussed Jul 14, 2026.

Meeting timeline (1)

Jul 14, 2026Approved

Affordable Housing Fund Advisory Committee (AHFAC) - Jul 14, 2026

ECHO Housing asked for $250,000 toward a 32-unit affordable rental project funded mainly by low-income housing tax credits, targeting households under 30%, 50%, and 70% AMI. The committee approved the commitment contingent on the tax credit award and 2027 funding.

Related issues (1)

ECHO affordable rental development at 323 W. Michigan St

Last discussed Jul 14, 2026

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