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Affordable Housing

Develop the vibrant, diverse neighborhoods you envision with financing from German American Bank.

Affordable Financing for Affordable Housing

Whether it's your mission or your vision, you've found a partner in German American Bank. Like you, we believe that communities thrive with access to quality affordable housing. And we're proud to provide affordable financing to both non-profit and for-profit developers of affordable housing. 

For us, it's a privilege to enjoy strong partnerships with organizations that promote affordability in the communities we serve. We're also passionate about investing time and money in non-profit and government organizations with expertise in housing for low- and moderate-income residents.

Our Services

German American Bank finances the construction of rent- and income-restricted properties. With decades of industry expertise and comprehensive financial solutions, our team can provide a full-service banking relationship from initial planning to property development and management, working with capital funding stacks from the simplest to the most complex.

As a full-service commercial lender, we identify, underwrite and streamline the closing process for a variety of loans, including: 

  • Construction and Equity Bridge Loans (both taxable and tax-exempt)
  • Permanent Loans (both taxable and tax-exempt)
  • Acquisition Loans (with or without minor cap ex)

Who We Serve

We’re proud to promote vibrant, diverse neighborhoods by providing loans, investments and services across Indiana, Kentucky and surrounding states. We work with national, regional and local commercial real estate developers that build or preserve affordable and workforce housing for low- and moderate-income working families, seniors, veterans, people with disabilities and other income-qualified households in our communities.


Recent Projects Include;

  • Hurstbourne Apartments – Louisville, KY
  • Crossings at South Park Apartments – Louisville, KY
  • Zion Manor II – Louisville, KY
  • 619 at Stonebridge Apartments – Nashville, TN

“German American Affordable Housing provides comprehensive service to our customers, listens to what they need, and strives to deliver a product that works for everyone. Our experience allows us to understand complex financing structures and think outside the box.”

- – Brent Miller, SVP/Head of German American Bank Affordable Housing

Meet Our Affordable Housing Team

Located in Shelbyville, KY, our team members are available to meet with developers by appointment. Contact us to arrange a convenient time.

Brent Miller

SVP, Head of Affordable Housing

Jessica Cheatham

Affordable Housing Commercial Loan Officer

Tammy Thomas

Affordable Housing Consultant

Financial Resources

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