(INDIANAPOLIS) – Last week, the Board of Directors for the Indiana Housing and Community Development Authority (IHCDA) approved $500,000 each for Affordable Housing & Community Development Corporation and LaCasa, Inc. to help address Indiana’s workforce housing shortage. Working with modular home builders, the two not-for-profit organizations will construct modular, single-family homes on Blight Elimination Program (BEP)* lots in Marion and Elkhart, respectively.
The City of Marion has been able to demolish 73 blighted homes over the last three years using funds awarded through the state’s Blight Elimination Program.
This month, the city will tear down the last home covered by the program’s funding, at 452 N. Washington St., as soon as asbestos can be removed from the structure.
In total, Marion was awarded about $1.6 million to demolish city-owned residential properties by the Indiana Housing and Community Development Authority (IHCDA).
According to Brad Meadows, marketing and communications director at the IHCDA, all $75 million of the blight elimination funding has been awarded, and the IHCDA does not anticipate any more funding coming through in the future.
The Indiana Housing and Community Development Authority (IHCDA) has awarded the City of Marion $161,000 more in Blight Elimination Program (BEP) funds to help with demolishing vacant and deteriorating properties this year.
According to Brad Meadows, marketing and communications director at the IHCDA, the supplemental funds became available after certain Indiana communities relinquished some of their previously awarded BEP funds.