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Thrive West Central says ARPA-backed housing effort has awarded 285 city units; program launches Club 720 down-payment tool
Summary
Thrive West Central reported to the Terre Haute City Council that ARPA and other local funds have supported 285 awarded housing units in Terre Haute, with about $2 million remaining and new programs — including Club 720 and an upcoming pattern-book RFP — planned to accelerate development.
Ryan Keller, CEO of Thrive West Central, told the Terre Haute City Council on Feb. 6 that the regional housing initiative has awarded up to 285 housing units in Terre Haute through combined grants and ARPA dollars and is preparing several catalyst projects to sustain momentum.
Keller said the program retains roughly $2,000,000 in available funding, including about $1,000,000 earmarked for pre–site-development or “catalyst” projects. “This city is finally shattering records when it comes to housing,” he said.
The presentation outlined two immediate catalyst projects: a scattered-lot single-family build (about 28 homes) intended to raise neighborhood appraisal floors and make subsequent private development economically viable, and infrastructure support for townhome projects already in process. Keller said those interventions target a minimum appraisal floor at…
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