West Central, IN – Homes For The Future Program, through Thrive West Central, continues to contract housing units and gain momentum through the new programming efforts created through Vigo County and the City of Terre Haute ARPA Funding. This initiative focuses on producing quality, age-friendly homes throughout Vigo County through new housing units and the rehabilitation of blighted properties. 

Homes For The Future Program recently completed its third round utilizing ARPA funding from Vigo County and the City of Terre Haute. Thrive is pleased to share that it received six submitted projects and awarded $616,000 to three projects. These projects will develop 97 new housing units throughout Vigo County. This program funding helps builders and developers cover the gap with increased infrastructure costs. Awarded projects are: 

  • Thrive Alliance: The Heritage Landing Senior Living Heritage Landing is a senior housing development to be constructed at the SEC of N. 25th Street and Locust Street, in Terre Haute, IN. Sixty-four new construction affordable senior apartments will include twenty-four (24) one-bedroom and one bath, and forty (40) will include two bedrooms and one bath. This build will reflect several amenities, such as an exercise and rooftop gathering areas. A City ARPA investment of $245,000 resulted in a private investment of $13,754,916 into the project.
  • Southard Homes LLC: Southard Homes LLC proposes to build 15 detached single-dwelling homes. These homes will be around 1152 square feet. They will be located on city lots owned by the redevelopment office and Southard Homes LLC. These homes will contain three bedrooms and two full bathrooms, totally electric with energy-efficient appliances. The target market value of these homes will be $150,000-$160,000. A City ARPA investment of $147,000 will result in $2,100,000 of private investment.
  • MX LLC: The Hilton Hills project was awarded $224,000 to bring 18 workforce development housing units to the Springhill Drive area in their Phase 2 development. The single-story homes will have 2-3 bedrooms with attached garage, ranging from 1,200 to 1,500 square feet. These homes in Vigo County will sell for $195,000 to $300,000 each. This multi-phase buildout will ultimately include 100 homes. Phase 2 is a private investment of $4,455,000 with a County ARPA investment of $224,000.

“The Homes for the Future Program con􀆟nues to deliver on addressing the housing shortage in the City of Terre Haute. The administra􀆟on remains commited to building our city back beter, one block at a 􀆟me. The infill housing project highlights the administra􀆟on’s ability to turn around vacant lots. We are off to a strong start and working diligently to increase our throughput in redeveloping lots within city limits. Thank you to Thrive West Central for helping the city navigate these challenges.” 

-Mayor Brandon 

“We continue to meet with builders, developers, and individuals with properties for development to discuss opportunities and projects that fall within our programs, said Ryan Keller, Thrive’s CEO. It is exciting to watch this initiative continue to gain momentum.” 

Visit the Thrive West Central website to view the Professional Builder, Small Builder, Blight and Rehabilitation, and Non-Profit Builder housing programs and to learn more about specific Homes For The Future criteria for Vigo County and the City of Terre Haute. The initial READI Homes For The Future Program still has a small amount of funding remaining, which is eligible for projects in Clay, Parke, Sullivan, Vermillion, and Vigo. 

Thrive West Central invites interested applicants to access its Resource Library to view Housing Studies and Residential Market Potential research at www.thrivewestcentral.com/housing-hub to understand the specific housing needs within the eligible regions and to learn more about each unique Homes For The Future program. 

The Request For Proposal (RFP) is an online, monthly rolling application until all funds have been allocated. Applications will be reviewed, and awards will be made monthly. Applicants are encouraged to contact Thrive for a review of their project and application before submitting it to ensure accuracy, competitiveness, and compliance. 

Thrive plans to roll out more products and programming to the West Central housing ecosystem in the upcoming weeks, such as educational workshops, the Club 720 platform, and more. Thrive West Central serves as the regional housing optimizer.