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Council Backs Tax‑abatement Support for Garden Court Low‑income Housing Application
Summary
Marshall County gave a conditional show of support for a tax abatement to help a developer secure Low Income Housing Tax Credits for a 32–40 unit project called Garden Court; council’s support is contingent on project approvals and would not cost the county unless the project proceeds.
The Marshall County Council voted May 13 to support a county tax‑abatement for Garden Court Inc., a proposed low‑income housing project, as part of the developer’s application for competitive Low Income Housing Tax Credits administered by the Indiana Housing and Community Development Authority (IHCDA).
Greg Hildebrand of the Marshall County Economic Development Corporation introduced the request and said the tax abatement is a form of local government support that helps the application score points in a highly competitive state process. Kevin Berger of Easterday Construction explained the project would seek tax credits in July…
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