Crawford Door Affordable Multifamily Development
Summary
The historic Crawford Door site across from Bosse Field is being redeveloped into a 134-unit multifamily tax credit project with a public library component. The Bond Bank increased its loan to $1.28 million, repaid through Jacobsville TIF dollars, to keep the project eligible for federal HOME grant funds.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Jul 15, 2026.
Impact analysis
The Bond Bank loan grew by $130,000 to $1.28 million, repaid from Jacobsville TIF revenues with payments of $340,263 starting August 1, 2027.
Future residents of the 134-unit development, the nearby library users, and the Jacobsville neighborhood gain new housing and amenities.
Mentions & discussions (2)
Evansville Local Public Improvement Bond Bank Board of Directors Meeting - Jul 15, 2026
The historic Crawford Door site across from Bosse Field is being redeveloped into a 134-unit multifamily tax credit project with a public library component. The Bond Bank increased its loan to $1.28 million, repaid through Jacobsville TIF dollars, to keep the project eligible for federal HOME grant funds.
Evansville Redevelopment Commission - Jul 7, 2026
A 134-unit affordable housing project at 1701 North Heidelbach is getting city backing — a bond bank note paid back with Jacobsville TIF money, plus a PILOT agreement. The deal was held for two weeks because the agreement still had blanks and the developer's lawyers hadn't signed off.
Related development
Crawford Door, LP Economic Development Agreement
Adds 134 affordable units near a partnered EVPL library, with closing planned in Q3 2026 and completion in the first half of 2028.
Crawford Door Redevelopment
The project redevelops the historic Crawford Door site across from Bosse Field with new housing and a public library, with the $130,000 loan increase keeping federal HOME funds below the Build America, Buy America threshold.
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