Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Thrive West Central says ARPA investments helped spur hundreds of new housing units in Vigo County
Summary
Thrive West Central told the Vigo County Council it has used ARPA and other public funds to support dozens of housing projects, reporting roughly $3 million in public investment tied to about $94 million in market-value development and county-funded support for at least 94 housing units.
Ryan Keller, chief executive officer of Thrive West Central, told the Vigo County Council that the nonprofit has used federal ARPA dollars and related public funding to help attract private housing development across the county.
Thrive has invested “a little over $3,000,000 of public dollars” that, Keller said, correspond to roughly $94,000,000 in market-value building in Vigo County. Keller told the council that, on projects funded with the county’s ARPA dollars alone, 94 housing units have been developed so far and that a larger total — shown on Thrive’s slides as 379 — will grow as developers complete later phases.
Keller said the county funding is intended to “de-risk” projects by helping cover infrastructure costs that private developers find prohibitive, not to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
