Indiana Record
Evansville
Wednesday, November 4, 2026
Under reviewOther

TruVest Bayard Park Homes

Description

The committee discussed the developer's plan to build the next Bayard Park home with modular construction ($160,000–$170,000) versus stick-built, repayment of $130,000–$140,000 from the sale of the completed house, and the still-pending certificate of occupancy. The developer is expected to appear before the committee on November 10.

Impact summary

How this wraps up determines whether the fund recovers its money and whether another affordable home gets built on Bayard Park.

Applicant

Name
TruVest (Ryan)
Address
Bayard Park, Evansville, Indiana

At a glance

Hearings
1
Public comments
1
Total mentions
1

Discussed at 1 meeting in the last 60 days; most recently Oct 20, 2026.

Meeting timeline (1)

Oct 20, 2026

Affordable Housing Fund Advisory Committee (AHFAC) - Oct 20, 2026

The committee discussed the developer's plan to build the next Bayard Park home with modular construction ($160,000–$170,000) versus stick-built, repayment of $130,000–$140,000 from the sale of the completed house, and the still-pending certificate of occupancy. The developer is expected to appear before the committee on November 10.

Related issues (1)

TruVest Bayard Park homes project

The fund's Bayard Park investment with developer Ryan (TruVest) is at a crossroads: one completed house still awaits its certificate of occupancy, the developer expects to repay only $130,000–$140,000 of the fund's money after selling, and his modular approach raised certification and cost concerns. Members want the developer to answer questions in person next month.

We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.

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