Regional Development
Homes for the Future
READI 1.0 Outcomes
The Homes for the Future Program was a groundbreaking pilot initiative launched to inspire homebuilders and developers in West Central Indiana to design age-friendly housing. Through targeted incentives, the program sought to meet the rising demand for accessible living options tailored to the needs of older adults, young professionals, and families. The effort was met with enthusiasm, leading to the construction of numerous new homes equipped with features that enhance safety, convenience, and comfort for aging residents. Its success not only improved the quality of life for many individuals but also set a precedent for future housing developments across the region. As a model of community-centered planning, the program emphasizes the vital importance of creating homes that cater to people of all generations.
With the READI 1.0 award of $1,537,399, Thrive West Central was able to contract 164 total housing units regionally with a $28,557,811 Private Investment.
READI 1.0 Outcomes
Total Housing
Units Awarded
164
Types of Units Funded
Total Public and Private Investments
READI 1.0 Funding
$1,537,399
Builder/Developer funding
$28,557,811
Explore Our Past READI 1.0 Projects
The Southard Acres West project is set to build 17 single-family, detached homes. This will be a new subdivision located at Haythorne and 14th 1/2 Street. This will be a modern, age-friendly development with homes retailing around $ 225,000. This project has been started and homes are for sale.
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This project features the creation of ten larger, more modern single-family homes which feature two to three bedrooms, attached 2 car garage. These homes are currently being built in Terre Vista Subdivision and are retailing between $ 370,000 - $ 400,000 each. These homes are for sale.
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The Clay Court development, located in Staunton (Clay County) will offer ten spacious half-acre homesites with local town utilities in this quiet, semi-rural setting. These new homes feature 1,300 to 1,500 square feet open concepts, total electric, and will include three bedrooms, two bathrooms, and an attached two-car garage. Homes are priced in the $ 225,000 to $ 275,000 range. These homes are currently being built and are for sale.
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Bricks & Gables understands that neighborhood revitalization is a key area of focus for the city of Sullivan and their quality of life. Bricks & Gables has acquired nine lots between Holloway and East Wall Streets in Sullivan, IN.
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This Clay County project will produce 13 homes with 2 to 3 bedrooms and an attached garage in The Reserve Subdivision. This subdivision is identified as a “patio home community,” and features monthly maintenance fees to cover lawn care and snow removal. It caters to those who are downsizing or the younger generation who don’t want the hassles that come with exterior maintenance. This project will develop age-friendly homes selling at approximately $ 260,000. These homes are currently being built and are for sale.
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The River Valley Apartments project will bring 40 modern, age-friendly apartments to the City of Terre Haute. This project is geared toward families with limited income and is located on 4th street near the Union Hospital campus. This project is complete and units are available for lease.
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The Windbreaker Flats project is a new apartment development in Brazil, the largest city in Clay County. This project will develop 48 age-friendly duplex style apartments which range from one to two bedrooms. The duplexes are currently being build and will be available to rent by year end 2024.
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This project developed 15 new modern, single-family, age-friendly homes retailing for around $ 140,000 to 150,000 each. The homes were built on city infill lots. These homes have all been sold.
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