Our mission is to provide new and affordable rental homes across Indiana.

It looks like you are doing an affordable build based on the cost but hard to say since you didnt provide info on the build itself such as square footage and finishes.

@Caleb Genry I am late to the party on this, but would greatly appreciate the spreadsheet/log if you are willing to provide it. 

Well if you provide more you simply negotiate, Yes its sad that so many are handed deals on a silver platter and do nothing, 

@Timothy Frazier  This will be tough as the HML will want a 1st position loan, but so will the other lender providing the rest of the funds. 

The deed restriction forms and recordation instructions will be provided by the Planning Division.”

Also, providing value to others at a high level will pay off for you in the end if you stick with it.

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-) 

They are very nice and can be helpful providing you what you can and cannot build on your property (Set back, height restrictions, front look etc).

Do not simply trust a turn key provider, a wholesaler or even a real estate agent that is supposed to be looking for your best interest.