The Elex Adds Affordable Units to Fort Wayne
The downtown development offers 89 affordable units to help residents stay in the city as it grows.
Updated on Oct. 28, 2026 in Apartments
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The Elex at Electric Works in downtown Fort Wayne has received the 2026 Excellence in Affordable Housing Award from the Indiana Affordable Housing Council. The project features 296 total apartments, with 89 units specifically reserved as affordable housing.
Why it matters
The development aims to ensure local households can participate in downtown Fort Wayne's ongoing growth without facing displacement due to rising housing costs. This approach integrates affordable options directly into the redeveloped historic General Electric campus.
The Elex development offers 296 total apartments, with 89 units designated as affordable housing for the local community. These units were recognized for helping residents access downtown living without being priced out of the market.
The players
The Elex
A residential apartment development located at the Electric Works redevelopment site in Fort Wayne.
Indiana Affordable Housing Council
A non-profit organization that advocates for housing initiatives and presents annual awards for community development.
The details
The Elex utilizes a mixed-income model on the former General Electric campus to blend affordable units with market-rate housing. By incorporating design standards and coordinated services in an urban setting, the development provides housing stability for residents in the growing downtown area. This strategy focuses on maintaining economic diversity as the neighborhood around the former industrial site continues to redevelop.
Timeline
The Indiana Affordable Housing Council was founded in 2012.
The Elex received the Excellence in Affordable Housing Award in 2026.
Money Landscape
The Elex project represents a growing focus on integrating affordable units within large-scale urban redevelopment efforts across Indiana. This follows a broader trend among regional housing advocates to prioritize access for residents near high-growth, redeveloped industrial corridors.
Residents looking for downtown housing can monitor developments like The Elex for opportunities to secure stable rents in an evolving district. Those seeking affordable housing should speak with a local housing specialist to determine eligibility for subsidized units in such projects.
The takeaway
Large-scale urban developments increasingly incorporate set-asides to balance growth with housing access. If you are exploring your rental options, verify if a property participates in local affordability programs by asking leasing staff about income-restricted unit availability.
Further reading
For more information on market trends and residential options in the area, visit the Apartments section.
Source note: This article includes information reported by WOWO 1190 AM | 107.5 FM.
Live Poll
Should city planners prioritize affordable units when approving new downtown residential developments?
