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Martindale‑Brightwood CDC projects: slide update lists rehab and new‑construction timelines, funding gaps

July 15, 2025 | Marion County, Indiana


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Martindale‑Brightwood CDC projects: slide update lists rehab and new‑construction timelines, funding gaps
Marion County Commissioners received a slide‑based update July 15 on three parcels the Martindale‑Brightwood Community Development Corporation included in the county’s nonprofit‑tax‑lien program, including proposed budgets, construction timelines and planned funding sources.

Staff told commissioners that the CDC could not attend in person but provided slides that described: a small rehab of a corner property on Station Street; a new‑construction single‑family home proposal for a Stewart Street vacant lot; and a new‑construction proposal on Hillside near Keystone Avenue. The slides included line‑item budgets, anticipated construction dates (March 2026–January 2027) and plans to apply for HOME funds in 2025.

The update matters locally because the projects would convert tax‑lien parcels into for‑sale housing in Martindale‑Brightwood and affect neighborhood housing supply and price points. The slides listed budget items for the Station Street parcel (about $75,000 for rehab, $2,000 landscaping, $6,000 appliances, $10,000 contractor overhead and a developer fee shown as $118,000) and a proposed sale listing on MLS. For the Stewart Street and Hillside parcels, slides showed new‑construction contractor costs listed near $245,000, contractor fees/overhead and a planned HOME subsidy (the slides noted $150,000 from HOME for each new‑construction site). The slides gave construction windows of March 2026 through January 2027 and an MLS listing target of February 2027.

Because the slides were read into the record rather than presented by a Martindale‑Brightwood representative, commissioners had no in‑person presenter to answer detailed questions. The transcript of the meeting records the slide figures as presented; however, the transcript rendering of the slides truncated or formatted some sale‑price figures in a way that was not clear (for example, a slide line appeared as "$1.25" and others as "$1.75" in the transcript). Staff did not provide corrected, machine‑readable figures at the meeting; the county or Martindale‑Brightwood CDC would need to provide the full written budgets to verify the final sale‑price targets and developer‑fee calculations.

No formal county action was taken; the presentation was informational. Commissioners did not request additional action at the time.

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Scribe from Workplace AI
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