HOUSING AND ECONOMIC CONCEPTS INC
Overview
INDIANAPOLIS, IN 46240
Hamilton County
HOUSING AND ECONOMIC CONCEPTS, INC. ("HEC") IS AN INDIANA NOT-FOR-PROFIT CORPORATION (THE "CORPORATION") INCORPORATED ON APRIL 24, 2012. THE CORPORATION WAS ORGANIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSES OF THE CORPORATION ARE TO ENGAGE IN HOUSING ACTIVITIES THAT FOSTER AND SUPPORT THE RELIEF OF THE POOR AND DISTRESSED, AND TO CONSTRUCT, ACQUIRE, AND/OR MAINTAIN HOUSING IN ORDER TO PROVIDE SAFE AND DECENT HOUSING TO LOW AND MODERATE INCOME PERSONS, INCLUDING ELDERLY PERSONS.
- Affordable Housing
- This nonprofit is not located in any CRA geographies.
- This nonprofit has not received any CRA awards or certifications.
L - Housing, Shelter
Low-Income & Subsidized Rental Housing
Organizations that develop, rehabilitate, manage and/or provide rental housing that is available to people who qualify on the basis of income, age or disability for publicly subsidized housing e.g., HUD housing or housing assistance under Section 8 of the Housing and Urban Development Act.
CRA Alignment
IRS Summary
Nonprofit Location
INDIANAPOLIS, IN 46240
Hamilton County
Market Data
Census Tract | County | |
---|---|---|
1111.02 | Hamilton County | |
Population | ||
Total Population | 7,993 | 316,095 |
Total Households | 3,335 | 116,982 |
Income | ||
Median Family Income (Census*) | $108,018 | $94,644 |
Median Family Income (2019 FFIEC) | $77,800 | N/A |
Tract Income Percentage | 161.69% | N/A |
Below Poverty Level | 5.6% | 4.7% |
Unemployment Level | 4.1% | 2.9% |
Housing | ||
Total Housing Units | 3,558 | 123,394 |
Total Owner-Occupied Units | 80.6% | 77.3% |
Total Renter-Occupied Units | 13.1% | 22.7% |
Total Vacant Units | 6.3% | 8.6% |
Management
in Governing Body
in Governing Body
President
(317) 846-3111
"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.
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