APARTMENT FINDER Navigation Menu MENU Our History Home/About Us /Our History Our history is also our present and future – people. Pedcor’s founders have been innovators in the real estate development, affordable housing finance, and community banking industries their entire careers, experiencing firsthand the positive impacts of inclusive communities. When the Tax Reform Act of 1986 passed, they saw the opportunity and need for affordable housing – a vision they had the passion to wholly pursue. Pedcor Offices | Carmel, IN Our roots were planted in Indiana, but we’ve grown into states all over the U.S. to help people, communities, and businesses thrive. From our first Low Income Housing Tax Credit (“LIHTC”) rental housing project to expanding into multiple businesses under the Pedcor name – Pedcor consistently remains one of the nation’s top and most well-respected developers, managers, and owners of LIHTC units in the country. 1987 OCTOBER Pedcor Companies is formed 1989 JUNE Pedcor Investments, LLC is formed (one of the first limited liability companies in the nation) 1989 DECEMBER First LIHTC Development is built and opened 1990 MARCH Signature Construction, LLC is formed 1994 APRIL Village Capital Corporation is formed 1995 JULY Pedcor acquires Flagship Bank 1996 FEBRUARY Flagship Bank merges with International City Bank and the first bank holding company, Pedcor Bancorp is formed 1996 OCTOBER Pedcor Homes is formed 2000 MARCH Pedcor Financial, LLC is formed 2002 DECEMBER Pedcor purchases the Village affordable apartment communities from United Fidelity Bank 2002 DECEMBER Pedcor breaks ground on its Carmel, IN campus 2004 JANUARY Mayor of Carmel, Jim Brainard, and the Carmel Redevelopment Commission approaches Pedcor to design and develop its new city center 2005 MAY Pedcor Financial acquires United Fidelity Bank 2007 AUGUST Pedcor hits 10,000-unit mark for total apartments 2008 APRIL Pedcor breaks ground on Carmel City Center and Indiana Design Center 2016 APRIL Pedcor ranked #1 affordable housing developer by Affordable Housing Finance Magazine 2017 OCTOBER Pedcor hits 20,000-unit mark for total apartments developed 2020 JUNE Pedcor develops in its 20th state About Us How We Work Our History Our Team About How We Work Our History Our Team Blog Careers Services Residential Design & Construction Property Management Banking Carmel Mixed-Use Development Contact 770 3rd Avenue SW Carmel, IN 46032 317.587.0320 info@pedcor.net Request a Consultation Could your community benefit from a Pedcor property? CONTACT US Pedcor Companies’ Privacy Policy and Statement © 2020-2021 Pedcor Companies | All rights reserved