From Vacant Lot to Finished Home
Urban Community Development LLC supports individual home builds, scattered-site development, neighborhood infill projects, and multi-lot affordable housing initiatives — all on a repeatable model-based foundation.
- 01
Lot Review & Feasibility
Site visit, zoning, utility, and budget feasibility assessment.
- 02
Design & Model Selection
Match the lot, neighborhood, and buyer profile to the right home model.
- 03
Budgeting & Construction Planning
Detailed scope, cost estimates, and project timeline.
- 04
Permitting & Approvals
Coordinate municipal permits, inspections, and required approvals.
- 05
New Home Construction
Build to spec with experienced trades and quality oversight.
- 06
Final Walkthrough & Community Placement
Punch list, walkthrough, and handoff to the family or partner.
The SLED Corporation Housing Initiative
In partnership with SLED Corporation (a 501(c)(3) nonprofit) and the City of Indianapolis Department of Metropolitan Development, Urban Community Development serves as the builder for a scalable affordable housing program leveraging the Vacant to Vibrant Program.
SLED Corporation
Nonprofit mission-driven owner with access to city programs and donated lots; ensures long-term affordability and compliance.
City of Indianapolis (DMD)
Donates city-owned lots and abandoned properties to qualified developers, reducing project cost by $20K–$40K per home.
Urban Community Development
Vertical construction and rehab execution. Proven affordable housing models and a scalable labor force for simultaneous builds.
The Black Market
Pre-marketing during construction, MLS exposure, and community partnerships to accelerate exit.
TBM Property Management
Long-term rental management, compliance, and operational continuity for refinances.
Donated Land
Vacant lots and abandoned properties contributed by the City — reducing total project cost by $20K–$40K per home.
Scalable Builder Capacity
Multiple homes built simultaneously with controlled cost, schedule, and quality.
Pre-Marketed Exits
Marketing begins during construction to reduce days on market and accelerate sale or refinance.
A Practical Affordable Housing Development Opportunity
Investor capital is used strictly for vertical construction and revitalization, secured by first-lien mortgages, with a defined exit through sale or refinance.
Erickson Model
1,600 SF · 3BR / 2BA · 1-Story · 2-Car Garage
- Construction Cost
- $186,700
- 6-Mo Repayment (12%)
- $209,104
Lower price point, fast cycle, first-time buyer focus.
Westbrook Model
1,800 SF · 3BR / 2.5BA · 2-Story
- Construction Cost
- $215,900
- 6-Mo Repayment (12%)
- $241,808
Family-sized footprint, strong resale and refinance potential.
| Period | Homes | Capital Required | Investor Profit (12%) |
|---|---|---|---|
| Year 1 | 20 | ~$4.0M | ~$480K |
| Year 2 | 40 | ~$8.0M | ~$960K |
| Year 3 | 60 | ~$12.0M | ~$1.44M |
Figures are drawn from current SLED Corporation model budgets and pro forma planning. Returns, timelines, and exits are targets — not guarantees. This information is summary only and does not constitute an offer to sell or solicitation to buy any security. Full investor materials are provided to qualified investors upon request.