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515 East project to add 48 income‑restricted apartments in downtown Elkhart

The linked WNDU report says a new four‑story mixed‑use building called 515 East will provide 48 income‑restricted one‑ and two‑bedroom apartments at 515 East Street in downtown Elkhart, with rents listed on the 515 East website starting at $407 for a one‑bedroom and $473 for a two‑bedroom.

News BriefPublished October 26, 2026 at 3:19 AM EDTLinked source published October 22, 2026 at 5:37 PM EDT.Living story · 4 sources
AI-generated illustration of the topic: 515 East project to add 48 income‑restricted apartments in downtown Elkhart
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A new four‑story mixed‑use building named 515 East will add 48 income‑restricted apartments at 515 East Street in downtown Elkhart, the linked WNDU report says. The project is described as one‑ and two‑bedroom units serving income‑based households and is listed in an IHCDA award summary as new construction designated for families.

The 515 East Apartments website (cited by WNDU) shows monthly rents starting at $407 for a one‑bedroom and $473 for a two‑bedroom. Planned community amenities reported by ABC57 include a large community room with a kitchen, a fitness center, a dog park and washing station, and a fourth‑story rooftop deck overlooking the Elkhart River and downtown Elkhart. WNDU also lists a fitness center and community space among the building’s features.

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BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.

UNVERIFIED REPORT: BusinessIndy has not independently fact-checked this story. It is based on the linked source or submitted lead and may contain errors or change.

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Sources

Linked source published October 22, 2026 at 5:37 PM EDT. Published without independent factual verification. The linked source and public disclaimer identify that limitation. Prepared with AI assistance; source-dependent claims remain attributed in the article.

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