“We need land banks everywhere.” Nate Howard, the Executive Director of Muncie Land Bank, has seen what positive changes can come from rehabilitating abandoned and vacant properties in his area. An empowered land bank can reduce blight and save taxpayers money, plus contribute to the supply of affordable housing. He noted that in Ohio, most counties have their own land banks. Why not have more in Indiana? Within the state, the closest land banks to Fort Wayne are in Muncie and Indianapolis. “Where land banks really thrive, they are supported financially by the city, and the inventory they use comes through the county government. Where land bank legislation is more developed, a lot of those things are explicit in state law.” Land banks acquire property that has become tax-delinquent, and...
Full House: Generations of Families Share Homes and Lives
What happens when the adult kids come home to ride out the Covid lockdown and then settle in? Where can Mom or Dad go when they can’t live on their own anymore? Oftentimes, to conserve money and other resources, adult family members consolidate into one household. Due to the sharp jump in housing prices in Northeast Indiana and elsewhere within the past few years, this trend is increasing. According to the 2020 census, 7.2% of US homes were multigenerational. These homes were most common in the southern US and across the eastern seaboard as well as in Alaska, Hawaii, and Puerto Rico. By this measure, Indiana was only slightly below the national average, with the share of multigenerational households in most counties between four and seven percent. Similar trends were noted for children...
Home Free: How the Forty Percent Live
Fort Wayne homeowner Kate was surprised to discover how she felt when she made the last mortgage payment on her home. “I thought the day I paid off the house would be the best day ever, but it is really the next month, when you don’t have to make that payment and you suddenly realize how much money you have to spend on something else.” At first she devoted her extra money to fixing up her house, but once those tasks were done, her options expanded. “Now we have money to go on vacations and relax and look toward retirement with less stress. My husband says that this house is our guarantee that we won’t have to eat cat food,” she joked. Their home has nearly tripled in value since they purchased it in 1996. She recommended making a full commitment to the home and its location to make...
Estate Planning Made Simple: Name a Beneficiary for Your House
Estate planning can be a slog, but some shortcuts cut down on stress and expenses for beneficiaries. One way to streamline the transfer of property is to establish a Transfer on Death (TOD) Deed for Hoosier homes. Similar to a Lady Bird Deed, which is available in Michigan, Vermont, Texas, West Virginia, and Florida, a TOD Deed allows an Indiana property owner to designate a beneficiary to inherit the property after the owner’s death. Having a TOD Deed in place means that the property skips the probate process, which can delay the transfer of ownership. Meanwhile, the owner holds the rights to the property exclusively until death. Allen County Recorder Nicole Keesling talked about TOD Deeds in a recent interview, starting with the process of registering a TOD Deed with Allen...
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How Does PFW’s New Student Housing Fit Into Purdue’s Master Plan and Student’s Needs?
On October 29th, Purdue Fort Wayne broke ground on their newest student housing option - a 600-bed, 213,000-square-foot apartment building by Ginsberg Hall on the North Campus. The $90 to $100 million project is being constructed in partnership with Gilbane...
The Collaborative Corner | Christi & Amanda Hille
https://youtu.be/x6l437kZhq8 In this episode, we're diving into the vibrant film culture of Fort Wayne with Christy and Amanda Hilly from Cinema Center. As board president and secretary, they’re also festival chairs for the Hobnobben Film Festival happening October...
National Voter Registration Day, Tuesday, September 17, 2024
To promote voting and civic engagement, volunteers representing eight (8) local non-partisan organizations: League of Women Voters of Fort Wayne, Fort Wayne (IN) Chapter of The Links, Incorporated, Alive Community Outreach - Peacemakers, Northeast Indiana...