The Homes for the Future – Urban Homescape Initiative will leverage ARPA funds and a portfolio of parcels transferred from Indiana State University (ISU) to the City of Terre Haute to stimulate high-quality infill housing development between ISU and 13th Street. In partnership with Thrive West Central, the Department of Redevelopment invites experienced developers to propose vibrant, sustainable housing that strengthens surrounding neighborhoods and appeals to a wide range of market-rate buyers.
Applications for this program will be submitted through the Thrive West Central proposal portal. Developers and builders may request from five to ten build sites. Thrive’s award funding for this initiative is outlined below. All build sites are eligible for up to $6,500 of targeted Thrive infrastructure support funding per housing unit. To complete the Homes for the Future program, developers must apply for and complete all homes by September 30, 2026. Selected properties have been targeted for Townhomes, and Duplexes in order to provide higher density housing. Developers may propose alternative home plans, however the Thrive Award will be prorated per housing unit.
Please explore the property map below to see available property and suggested building types for each area. Thrive funding will be awarded in accordance with this plan. Developers are welcome to propose alternative ideas which will be evaluated on a case-by-case basis. Developers are welcome to propose mixed use developments along 13th Street; any mixed-use development which includes housing must be for sale-owner occupied housing.
Criteria
This program applies only to properties in this initiative, which are shown on the map below. All property must have Single Family Homes; Townhomes or Duplex Homes constructed on it and must be sold as a primary residence and must have an MLS listing associated with it. This initiative is not intended for development of investment property, rental property, or student housing. Units must be for sale, owner occupied and purchase agreements must include covenants requiring future sales as such.
Criteria for All Homes
- 1
All homes must be site-built, stick-frame construction.
- 2Roof pitch must be at least 4-12 or match the block average if steeper.
- 3Front entrance must face the addressed street.
- 4Minimum 20 square feet of window area must face the street or streets for corner lots.
- 5Minimum 60 square feet of covered front porch required on street-facing elevation.
- 6Architectural diversity is encouraged. No more than 2 homes with identical elevations may be constructed side-by-side. Color palette should be complimentary and not duplicative to neighboring homes.
- 7Attached garages must be recessed, and or side-loaded unless approved otherwise.
- 8Sidewalk installation or repair is required where applicable.
- 9Landscaping plans are required for each parcel including trees in the tree-row and foundation plantings.
- 101-year New Home Warranty – Builder’s Standard.
Eligible Project Types
Eligible projects must be independent living units targeting the workforce population. Due to the nature of the grant requirements from the federal government, builders must show expenses for infrastructure-related expenses in the construction or redevelopment of homes. Eligible infrastructure funding categories for new housing units under this program include public infrastructure such as sidewalks, water, sewer, stormwater drainage, driveway and road installation, broadband, and water and sewage tap fees. Work on the project site must not be started prior to the execution of the award contract with Thrive.
Support & Information
Support and Assistance Info
Our Housing Hub team is here to help. Each applicant is encouraged to participate in a pre-application meeting to assist with application development. Thrive will provide technical assistance during the application process. Thrive, and their project partners will provide technical assistance during the project development, implementation, and closeout
Post-Completion Expectations
Home builders will offer a one-year warranty on all units to encourage quality development. In addition, regardless if a buyer is already under contract, each unit must have an assigned MLS# to hit our region’s comparison database.
Requirements
Awardees will be required to have a written narrative for selection considerations. Upon completion of work (infrastructure), photographic evidence of infrastructure completion is required. All records will be required for submission prior to reimbursement. Ribbon cutting is required for the first and last housing unit. Thrive West Central will retain all records for five (5) years.
Penalties for Non-Compliance
Developers/builders are required to submit a timeline for the completion of any projects and adhere to, within reason, any agreed-upon timeline for development. Periodic updates and communication will be an essential part of any award. Quarterly reports are required. Developers who fall behind in their construction timelines may see all or a partially awarded funds reallocated to other applicants or awardees.
If the final project does not meet the approved criteria specified in the proposal, awardees may see a penalty resulting in reduction of their award.
If the homes are not completed within the agreed timeline, ownership may revert back to the City under the terms of the developer agreement, and the acquisition fee may be forfeited.
Payment Terms
Construction of ALL homes in each contract must be completed by September 30, 2026.
Thrive awards are infrastructure award and are paid out as reimbursement for qualified infrastructure investments. Reimbursement will be paid at the completion of contract. Each pay application for reimbursement must be accompanied by invoices from the supplier/vendor and documentation of completed work – including photos. All reimbursements totaling over $10,000 to any single vendor must be accompanied by a second estimate and a written narrative explaining the rationale for vendor selection.
Process
Applications will be submitted through the Thrive Portal.
Scoring And Evaluation
A member of Thrive’s Housing team will review the application and contact you with any questions or clarifications about your application. Applications are accepted and reviewed on a rolling basis. All applications received by the close of business on the first Monday of each month will be reviewed for completeness and presented to the Redevelopment Commission for evaluation and scoring at their monthly meeting. Successful applicants will be notified by Thrive’s Housing Department. Awardees will receive a contract from Thrive for funding, and a contract with the Department of Redevelopment for transfer of property deeds.
Proposals will be assessed based on, but not limited to, the following criteria:
Successful applicants will be required to pay an acquisition fee to the Department of Redevelopment in the amount of $4000 per unit. This fee covers the costs of surveying and title work. Deeds will be picked up at the Department of Redevelopment at which time payment of the Acquisition Fee will be required. Builders will have 30 days to record the deeds with the City Clerk.
Awardees of Thrive Funding will receive a contract from Thrive which must be executed prior to beginning work.
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