Pedcor Investments, A Limited Liability Company ("Pedcor") is Indiana's leader in the development and management of affordable housing under the IRC Section 42 federal housing tax credit program. Pedcor's success is the direct result of comprehensive planning in the areas of marketing research and construction techniques. Timely demographic studies are an integral part of the planning process. These tools, combined with Title 8 requirements, are used to develop an apartment community that is appealing to everyone.
Our overall property design evolves and improves with each new community. Pedcor has always followed the highest industry standards for construction and energy efficiency. Most Pedcor properties today receive federally-designated Energy Star certification. Pedcor properties include all standard necessities, plus upgrades and amenities not common in many competing affordable housing projects. In most of the communities we build today, our standard amenities package is extensive and impressive.
Individual Entryways
Instead of a common area hallway, we give our tenants individual access to their units. This provides private ingress and egress, and eliminates hallway maintenance and noise.
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Separate Dining Area
The separate area for dining provides a comfortable space conducive to family dining, just like in modern homes.
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Large Closet Space
Our residents appreciate large closet spaces for clothing, supplies, and other storage. Our newer units have walk-in closets with built-in shelves.
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Room Design
Room sizes are designed to easily accommodate one (1) to six (6) occupants. Careful space planning is necessary to accommodate furniture, beds and appliances. Phone jacks and electrical outlets are placed for easy access.
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Large Private Storage Room
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Because of the emphasis on recreation and exercise, our units feature individual private storage for bicycles, toys, tools and/or patio belongings.
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Washer/Dryer Closet Hook-ups
Residents preferring not to transport laundry away from their apartments can have washers and dryers installed in their units. This is especially convenient in bad weather. The utility closet can also be used for additional storage. On-site laundry facilities are also provided at each community.
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Private Patios and Balconies
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Every Pedcor unit includes a patio or balcony that is ideal for sunning, relaxing or decorating.
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Patio Doors
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Insulated doors with an Energy Star rating and five (5) year warranty are now standard.
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Bathrooms
Residents desire plenty of vanity space and large mirrors. Our vanities have several drawers for storage, and all bathrooms feature large wall-mounted vanity mirrors.
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Curb Appeal
Abundant landscaping is provided and maintained by professional landscape companies to enhance appeal. Each property is inspected and cleaned on a daily basis to provide a favorable first impression. Additionally, detailed inspections are performed quarterly, and any necessary maintenance is performed on a timely basis.
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Standard Unit Amenities
Dishwasher
Garbage disposal
Frost-free refrigerator
Electric range with self-cleaning oven
Range hood
Double kitchen sinks
Pantry
Wood-paneled kitchen cabinets
Separate dining area
Vanity/dressing area
Washer/dryer hook-ups
Mini and vertical blinds
Wall to wall carpeting
Ceramic tile bathroom and kitchen
Built-in light fixtures
Linen closet
Walk-in closets
Built-in shelving in closets
Patio or balcony
Private exterior storage
Central air conditioning
Energy Star certified heating and cooling systems
Energy Star windows and sliding glass doors
Cable ready
High-speed Internet
Deadbolt locks and peepholes
Smoke detectors
Lake views
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Standard Community Amenities
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Swimming pool with sundeck
Clubhouse
Central laundry area
Playground/tot lot
Fitness center
Business center
Picnic tables and BBQ grills
Carports and/or parking garages
Lake
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Clubhouse Building
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Each Pedcor project includes a full service clubhouse facility including rental office, community room with complete kitchen amenities, computer center, exercise room, swimming pool, playground area and maintenance facility.
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Building Design
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Every Pedcor building is designed to enhance curb appeal and constructed to provide long-term durability. Brick, aluminum fascia and soffit are almost maintenance free. The fiber cement siding or vinyl siding has a fifty (50) year non-prorated warranty that is transferable.
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Windows
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Double pane Energy Star windows provide above average insulation and little or no condensation.
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Parking
Careful attention goes into the selection of the appropriate number and location of parking spaces. Carports and Garages are built in most of our communities. Specific locations and totals are based on the types of units on each property.
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Maintenance
A qualified person is available to perform routine, preventative and 24-hour emergency maintenance. Procedures are available in a Standard Operating Manual.
Market Surveys
Market surveys are performed by management prior to opening, then quarterly during the operation of the community. This serves as a development feasibility indicator and a reference for comparing the competition.
Marketing
Pedcor pre-markets its properties prior to the completion of the first building. Pedcor goes beyond the normal marketing concept. Prospects can talk with a representative months before construction is complete. These prospects receive a personal opening announcement and brochure. Dozens of employers receive brochures prior to opening via a specifically designed outreach program. Our goal is to have pre-leasing in place as each building becomes ready for occupancy.
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