INDIANAPOLIS (January 27, 2022) – The Annex Group®, a leading workforce, affordable and student housing developer, announces its partnership with Youth Build Indy to help in the completion of construction for Union at 16th, an affordable housing community currently being built on the near westside of Indianapolis. The program, which operates under the acronym BUILD standing for Believers United in Local Development, provides workforce development for people aged 16-24 who are unemployed, underemployed or who have not completed high school. As part of the partnership, some Youth Build Indy participants have helped in the construction of Union at 16th.
“At The Annex Group, we hope our developments will act as a catalyst for growth for employees, communities and future residents,” said Kyle Bach, CEO of The Annex Group. “By partnering with Youth Build Indy, we hope this project can also be a catalyst for growth for the young people who put their own time, skills and effort into the project. We are proud to work with this program to produce a community that will help offset the affordable housing shortage here in Indianapolis while teaching young people valuable skills they can take with them through their lives and careers.”
Union at 16th is a $29 million property that will feature 159 units with one, two and three-bedroom options at 2215 W. 16th Street. It is one of multiple projects the Youth Build Indy program has supported in Indianapolis.
“Working with The Annex Group for the Union at 16th project gave Youth Build Indy participants access to training opportunities at a pivotal time in their lives,” said Troy Turner, Youth Build Indy program director. “Providing skilled labor opportunities for trainees helps them improve their own community, but also sets them on a path to improve their lives in the long-term.”
The Youth Build Indy program is a recent recipient of $100,000 in violent crime reduction funding from a grant program working to address violent crime in Indianapolis.
Union at 16th is currently accepting housing applicants. Those interested can apply at https://unionat16th.com/
To learn more about The Annex Group, visit www.theannexgrp.com.
ABOUT THE ANNEX GROUP
The Annex Group is a leading workforce, affordable and student housing developer with a focus on providing innovative, amenitized housing in emerging markets throughout the United States. The Annex Group encompasses a vast portfolio of communities valued at more than $500 million. Serving as a catalyst for economic development, The Annex Group has overseen over $1 billion in commercial projects including redevelopment and ground-up construction. The Annex Group is proudly headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.