Englewood Community Development Corporation

What Englewood Community Development Corporation does

Englewood Community Development Corporation (Englewood CDC) is a 501(c)(3) nonprofit organization founded in 1996 as an extension of Englewood Christian Church in Indianapolis, with its headquarters at 57 N Rural Street. It operates a comprehensive, asset-based community development platform on the Near Eastside, focused on affordable rental housing, permanent supportive housing, homeownership pathways, economic development, community programs, and congregational engagement. Its affordable rental portfolio comprises 12+ distinct properties (Passage, Providence Place, Commonwealth Apartments, Oxford Place, Oxford Flats, Parker Place, St. Lucas Lofts, Englewood Homes, Compass on Washington, Bridges Townhomes, Scattered Sites, and Clifford Corners) totaling approximately 164 units currently in service with a stated pipeline to roughly 350 units, serving residents from 30% to 120% AMI including seniors 55+, homeless youth 18-25, individuals with intellectual/developmental disabilities, and formerly chronically homeless individuals through wraparound service partnerships.

The business model blends four revenue streams: restricted affordable rental income from AMI-capped leases, multi-year restricted government and philanthropic grants (HOME, CDBG, IHCDA Rental Housing Tax Credits, Federal Home Loan Bank AHP, State and City Housing Trust Funds, Lilly Endowment, Department of Education Promise Neighborhood), donations through GiveLively plus the annual Race for Roofs fundraiser, and ancillary real estate technical assistance and commercial management fees. Distribution is community-led: housing demand is captured via RentCafe waitlists, commercial and community space is allocated through direct inquiry, and small-business and congregational programs run through direct outreach and partner referrals.

Underlying technology is utilitarian rather than differentiated. Englewood CDC relies on standard property management systems integrated with RentCafe for waitlist and tenant communication, with no proprietary technology platform, API, or AI/ML capability described. Differentiators are place-based trust built over 25+ years, a ~2% average eviction rate, CSH designation for property management in permanent supportive housing, and the scale of executed development ($100M+ in affordable housing, $120M+ on the East Washington corridor, $38M PR Mallory Campus). Major capital partners include the City of Indianapolis, IHCDA, Federal Home Loan Bank of Indianapolis, Lilly Endowment, LISC Indianapolis, INHP, JP Morgan Chase, PNC, and Consortium Capital.

Name

Englewood Community Development Corporation

Legal name

Englewood Community Development Corporation

Website

https://englewoodcdc.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Englewood CDC is an Indianapolis 501(c)(3) nonprofit that develops, owns, and manages affordable and permanent supportive housing plus community programs for low-income residents, seniors, homeless youth, and individuals with disabilities on the Near Eastside, with a stated pipeline of approximately 350 units.

Ownership category

akta.pro rank

Product category

Affordable Housing & Community Development

NAICS

Other Residential Care Facilities (6239), Other Residential Care Facilities (62399), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Administration of Urban Planning and Community and Rural Development (92512)

SIC

Services-To Dwellings & Other Buildings (7340), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Infrastructure, Housing & Community Development (BPAGABAL), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

• Affordable housing development
• Community development services
• Permanent supportive housing
• Economic development
• Nonprofit property management

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Affordable Rental Income: Revenue from renting affordable housing units across multiple properties (Passage, Providence Place, Commonwealth Apartments, Oxford Place, Parker Place, Oxford Flats, St. Lucas Lofts, Englewood Homes, Bridges Townhomes, Clifford Corners, Compass on Washington, Scattered Site properties). Units serve residents up to 30%–120% AMI with income restrictions.
2. Grants and Government Funding: Funding from City of Indianapolis HOME funds, CDBG funds, Federal Home Loan Bank of Indianapolis AHP funds, IHCDA Rental Housing Tax Credits, State Housing Trust Funds, City Housing Trust Funds, and Lilly Endowment grants (Cultivating Communities). Also funding from Department of Education Promise Neighborhood grants.
3. Donations and Fundraising: Tax-deductible donations collected via GiveLively platform and annual Race for Roofs 4K/8K fundraiser (May 16, 2026). Donations support operations and specific programs such as the Eviction Prevention Fund.
4. Real Estate Technical Assistance and Commercial Management: Fees from commercial space management (Arabella Home, Tlaolli Mexican Cuisine, Smith and Son's Building, Clifford Corners Commercial), small business technical assistance, and facade grant administration.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Englewood CDC develops, owns, and manages a portfolio of affordable rental housing and permanent supportive housing properties for low-income individuals, families, seniors, homeless youth, and individuals with intellectual/developmental disabilities on Indianapolis' Near Eastside. The organization also provides community and economic development services including homeownership programs, commercial property management, small business technical assistance, congregational engagement (Cultivating Communities), recreation programs, and fundraising events.

Product overview

Englewood Community Development Corporation operates as a comprehensive community development organization offering a portfolio of affordable housing properties, permanent supportive housing developments, mixed-use commercial properties, and community programs. The portfolio includes 12+ rental housing properties (Passage, Providence Place, St. Lucas Lofts, Englewood Homes, Compass on Washington, Commonwealth Apartments, Clifford Corners, Oxford Place Senior Apartments, Parker Place Senior Apartments, Oxford Flats, Scattered Site Rentals, Bridges Townhomes) serving various populations including seniors, youth experiencing homelessness, and individuals with disabilities. Commercial developments include PR Mallory Campus (educational complex), Tlaolli Mexican Cuisine, Arabella Home, Smith and Son's Building, and Clifford Corners Commercial. Community programs encompass Cultivating Communities (congregational engagement), Englewood Review of Books, recreation programs (Indy Rooftop Hockey), Nature Playspace and Community Garden, community space rentals, and the annual Race for Roofs fundraiser. Homeownership programs include development, repairs, referrals, and the planned Community Land Trust.

Differentiator

Problem solved

Functional benefit

Products and services

• Passage 38-unit affordable housing development serving individuals with intellectual/developmental disabilities (IDD), featuring integrated technology, energy efficiency, and a Career Center run by Noble of Indiana on the first floor.
• Providence Place 15-unit affordable housing development with permanent supportive housing for vulnerable populations, developed in partnership with Living Word Baptist Church and Community Health Network at 4935 E 21st Street.
• St. Lucas Lofts 48-unit affordable housing development serving youth (18-25) experiencing homelessness, with permanent supportive housing and resident amenities, co-developed with RDoor Housing Corporation and Outreach Inc.
• Englewood Homes 40 affordable housing units in 20 new construction duplexes throughout the Englewood neighborhood, including the Alley House, a net-positive energy home designed by Ball State University Architecture students.
• Compass on Washington 36-unit 100% permanent supportive housing development for individuals experiencing homelessness, with offices for Horizon House housing staff and wrap-around services at 1133 E Washington Street.
• Commonwealth Apartments 32-unit mixed-income apartments in renovated historic school building (1905), with permanent supportive housing units, community spaces, gymnasium, and rooftop hockey deck.
• Oxford Place Senior Apartments 30-unit first energy-positive building in Indiana, serving seniors (55+) with independent living units up to 60% AMI and amenities designed for aging in place.
• Parker Place Senior Apartments 39-unit senior apartments (55+) with permanent supportive housing for formerly/chronically homeless seniors, connected to Oxford Place via commercial kitchen and dining.
• Scattered Site Rental Houses Approximately 50 scattered-site rental units in renovated single and double-family homes throughout the Near Eastside neighborhood.
• Bridges Townhomes 43-unit affordable housing townhome development for families at 601 N LaSalle Street, opened January 2026.
• PR Mallory Campus 10-acre historic campus redevelopment housing two public charter schools (Purdue Polytechnic High School and Paramount Englewood), with 195,000 sq. ft. across Administration and Bunker buildings, co-owned with John Boner Neighborhood Centers.
• Homeownership Programs Homeownership development, owner-occupied repair assistance, and referrals through partnerships with INHP, Intend Indiana, and Habitat for Humanity, including 400 homeownership units developed or preserved between 1996 and 2022.
• Race for Roofs 4K/8K Fundraiser Annual 4K and 8K race fundraiser supporting the Eviction Prevention Fund for residents unable to pay rent, scheduled May 16, 2026 at Brookside Park with multiple sponsorship tiers ($30 Early Bird / $40 Standard registration).
• Community Space Rentals Rental program for gym, rooftop deck, and community rooms at Commonwealth Apartments, Parker Place, and Oxford Senior Apartments for private events. Gym and rooftop rentals priced at $30/hour with $50 deposit; community rooms at $20/hour.
• Nature Playspace and Community Garden Public green space spanning three city lots with raised garden beds, fruit trees, natural climbing areas, and outdoor classroom for Daystar Childcare, developed and maintained over 15 years in partnership with Keep Indianapolis Beautiful.
• Clifford Corners 32-apartment mixed-use complex with 4 condominiums and first-floor commercial space for non-profit and community-serving organizations.
• Smith and Son's Building Mixed-use building with 2 owner-occupied apartments, commercial storefront, and warehouse studios, home to Elevate Indianapolis and Cat Head Press.
• Clifford Corners Commercial First-floor commercial space dedicated to non-profit and community-serving organizations including IU Student Outreach Clinic, Cat Head Press, Hoy Polloy, and Gifted Gown.
• Arabella Home (Commercial Space) Retail home decor commercial tenant space (2,000 sq. ft.) opened November 2020, featuring affordably priced home furnishings and unique pieces, owned and managed by Englewood CDC.
• Tlaolli Mexican Cuisine (Commercial Space) Family-run Mexican restaurant commercial space (900 sq. ft.) opened June 2013 and expanded April 2018, owned and managed by Englewood CDC, recognized as best Mexican food in Indianapolis by Yelp.

Quantifiable outcome

• ~2% average eviction rate across all properties (vs. industry averages)
• +5 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and minor.

• John Boner Neighborhood Centers & Edna Martin Christian CentercoreStrategic or Co-development Partner · 1 January 2021Recipients of $30M, 5-year Department of Education grant to establish the IndyEast Promise Neighborhood in Near Eastside and Martindale-Brightwood neighborhoods. Englewood CDC is a partner in this initiative.
• Energy Systems NetworkcoreStrategic or Co-development PartnerCollaborated on the Moving Forward 2020 program through IHCDA to develop Passage, an affordable housing project integrating innovative financing, energy efficiency, and transportation access.
• Noble of IndianacoreStrategic or Co-development PartnerOperates the Career Center on the first floor of Passage, providing employment services for residents with intellectual/developmental disabilities.
• Living Word Baptist ChurchcoreStrategic or Co-development Partner15-year partner in affordable housing development on Near Eastside (Otterbein). Englewood CDC serves as developer and building manager for Providence Place while Living Word provides community stewardship.
• Community Health NetworkminorStrategic or Co-development PartnerService provider partner for Providence Place, located about a mile from the Community East location. Provides health services to residents.
• Horizon HousecoreStrategic or Co-development PartnerCo-developer and service provider for Compass on Washington, a 100% permanent supportive housing project for individuals experiencing homelessness. Horizon House provides housing staff offices and wrap-around services on-site.
• Gratus DevelopmentcoreStrategic or Co-development PartnerCo-development partner with Englewood CDC and Horizon House on the Compass on Washington permanent supportive housing project.
• RDoor Housing Corporation (Merchant's Affordable Housing)coreStrategic or Co-development PartnerPartner in developing St. Lucas Lofts, a 48-unit permanent supportive housing development for youth (18-25) experiencing homelessness.
• Outreach Inc.coreStrategic or Co-development PartnerPartner in St. Lucas Lofts providing additional services. Headquarters is a few blocks from the development, offering convenient access to services for residents.
• Adult and ChildcoreStrategic or Co-development PartnerPartner in the Permanent Supportive Housing Institute initiative for St. Lucas Lofts, providing supportive services for youth experiencing homelessness.
• John Boner Neighborhood CenterscoreStrategic or Co-development PartnerCo-owner of the PR Mallory campus complex and lead partner in multiple collective impact initiatives including IndyEast Promise Zone, Great Places 2020, and 10 East Arts and Design District. Administered the Super Bowl Legacy initiative for Near Eastside.
• Indianapolis Neighborhood Housing Partnership (INHP)coreStrategic or Co-development PartnerLong-standing housing partner providing loan funds, homeownership incentive programs, and partnership on CLTs. Provided funding for Arabella Home rehabilitation and loan funds for Passage.
• Kheprw InstitutecoreStrategic or Co-development PartnerPartner in establishing Indianapolis' first Community Land Trust (CLT) to preserve affordable housing and provide homeownership opportunities for low-income families and families of color.
• Missio AllianceminorStrategic or Co-development PartnerPartner in launching the Congregational Formation Cohorts network for the Cultivating Communities initiative, helping congregations practice discernment and formation.
• Cedar Street BuildersminorImplementation/ SI/ Consulting PartnerBuilder of The Alley House (Englewood Homes), a net-positive energy home designed by Ball State University Architecture students that won the Solar Decathlon Build Challenge 2023.
• Purdue Polytechnic High SchoolcoreStrategic or Co-development PartnerTenant at PR Mallory Campus (5-12 grades, ~1,000 students). Partner in connecting students to local jobs and internship opportunities.
• Paramount Schools of ExcellencecoreStrategic or Co-development PartnerOperator of Paramount Englewood Junior High School at PR Mallory Campus. Partner in community school coordination model.
• Keep Indianapolis BeautifulminorStrategic or Co-development PartnerImportant partner in developing and maintaining the Englewood Nature Playspace and Community Garden over 15 years.
• KIVAminorGTM or Marketing PartnerEnglewood CDC became a Kiva Trustee in February, enabling the organization to publicly vouch for local entrepreneurs, empowering them with access to 0% interest microloans.
• Living Word Baptist ChurchcoreStrategic or Co-development Partner15-year partner developing and managing affordable housing in Otterbein neighborhood. Englewood CDC serves as developer and building manager while Living Word provides community leadership.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• John Boner Neighborhood Centers: Indianapolis Near Eastside-based neighborhood center and co-owner of the PR Mallory Campus with Englewood CDC. Operates similar workforce, education, and housing-related programs in the same geography, with overlapping leadership (a board member of Englewood CDC is JBNC's Community Development Officer).
• National Church Residences: Faith-based nonprofit affordable and senior housing provider operating across multiple states. Directly comparable to Englewood's senior housing (Oxford Place, Parker Place) and supportive housing portfolio, and shares the faith-rooted mission and service-enriched housing model.
• Mercy Housing: National nonprofit affordable housing developer and operator serving low-income families, seniors, and people experiencing homelessness. Closely comparable operating model to Englewood's combination of LIHTC-financed multifamily, supportive housing, and resident services.
• BRIDGE Housing Corporation: West Coast-focused nonprofit developer and operator of affordable rental housing, including permanent supportive housing. Comparable to Englewood in building LIHTC, mixed-income, and supportive housing while providing on-site resident services.
• The NHP Foundation: Nonprofit developer and operator of service-enriched affordable and supportive housing for families, seniors, and special-needs populations. Comparable operating model focused on permanent supportive housing with on-site services.
• Beacon Interfaith Housing Collaborative: Faith-rooted nonprofit collaborative developing and operating supportive and affordable housing in the Twin Cities. Comparable to Englewood's faith-based origin, congregational engagement (Cultivating Communities), and permanent supportive housing focus.

Regional players

• Habitat for Humanity of Greater Indianapolis: Indianapolis affiliate of Habitat for Humanity focused on homeownership development and preservation. Comparable to Englewood's homeownership programs and owner-occupied repair work in the same regional market.

Broad incumbents

• Enterprise Community Partners: National nonprofit that invests in affordable housing development, community development financial institutions, and place-based initiatives. Engages in many of the same LIHTC, supportive housing, and community development activities as Englewood at much larger scale.
• NeighborWorks America: National network of community development nonprofits supporting affordable housing, homeownership, and community revitalization. Closely aligned mission with Englewood's housing, economic development, and resident services approach.

Others

• Local Initiatives Support Corporation (LISC): Major community development financial institution and direct funder/coordinator with Englewood CDC (LISC Indianapolis). Acts as an intermediary, capital provider, and program administrator for many of the same CDCs Englewood works with, including facade grant administration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@englewoodcommunitydevelopm8207/featured
• Facebookfacebook.com/EnglewoodCDC
• LinkedInlinkedin.com/company/englewood-community-development-corporation
• Instagraminstagram.com/englewoodcdc_/?igshid=MzMyNGUyNmU2YQ%3D%3D
• Xx.com/EnglewoodCDC

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Englewood Community Development Corporation