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
2021
November
International City Bank merges into United Fidelity Bank
2021
December
Pedcor hits 30,000-unit mark for total apartments developed