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INDIANAPOLIS – Mayor Greg Ballard, community leaders and REALTORS® gathered today on the city’s Near Eastside to announce that the Building a Living Legacy initiative, part of the 2012 Indianapolis Super Bowl Housing Legacy Project, is nearly complete, with construction on 32 new and rehabilitated homes set to wrap up in the coming weeks.
Welcoming new residents to the neighborhood, project partners announced that all fundraising goals have been met for the initiative, totaling $4.5 million – including $500,000 donated by the REALTOR® Foundation, the philanthropic arm of the Metropolitan Board of REALTORS®.
All 32 units in the Building a Living Legacy project are targeted to serve low-income families and individuals who are either on the brink of homelessness or living in unsafe, unhealthy conditions. Construction has wrapped up on 27 homes, and 22 families so far have moved into these new and improved housing units. More families and individuals are scheduled to move in to the remaining units over the next few weeks, with full occupancy expected in the spring.
“Thanks to the great partnerships that have made this initiative possible, the stage is set for continued growth and expanded commerce for the Near Eastside,” said Mayor Ballard. “Most importantly, families will be able to live and grow in these newly built and renovated homes in this historic neighborhood, where opportunity has moved in alongside them.”
Darlean Jackson, a native of the Near Eastside who has been involved with the John H. Boner Community Center since 2001, is among the newest residents. A single mom of two teenagers, she looked for safe housing in other neighborhoods but only was able to find small apartments in which she would have had to live beyond her means. “Just in the nick of time,” Darlean said, she heard about the Building a Living Legacy homes and was ecstatic to be accepted into the program. “Because of the MIBOR Centennial homes, I have been able to provide for my children at a level I can afford.”
The Building a Living Legacy housing initiative is a component of the larger 2012 Indianapolis Super Bowl Legacy Project, which involves a series of major capital investments across Indianapolis’ Near Eastside. The 32 new and rehabilitated homes were funded through a broad partnership involving the U.S. Department of Housing and Urban Development, the City of Indianapolis, the Indiana Housing and Community Development Authority, and the United Way of Central Indiana.
“Today we have reached another milestone in the revitalization occurring on the Near Eastside of Indianapolis,” said Tony Mason, Senior Vice President of the 2012 Indianapolis Super Bowl Host Committee. “Residents and neighborhood leaders are working with partners like the REALTOR® Foundation to engage the community and activate this exciting resurgence. Revitalizing this neighborhood and helping families will be a part of our lasting, collective legacy.”
Along with local and federal financing sources, the REALTOR® Foundation donated $500,000 toward the total $4.5 million project as part of its 2012 centennial celebration.
“Our members’ engagement with Building a Living Legacy goes well beyond monetary donations,” said Bill Hacker, REALTOR® Foundation Chair for Building a Living Legacy. “We’ve become emotionally invested in the revival of this great neighborhood and the success of these hardworking families moving in. We’re honored to be a partner in this amazing project, which will truly make its mark on this city for decades to come.”
Hacker praised the work of Indy-east Asset Development (I-AD) and the John H. Boner Community Center for doing the “heavy lifting” on the Legacy housing initiative. The Boner Center and I-AD partnered to serve as the project’s lead, overseeing all of the housing construction and managing the social service programs for residents — including weeks of move-in preparation and financial training courses.
“The energy in the neighborhood is unmistakable,” said Katy Brett, Executive Director of I-AD. “St. Clair Place is a neighborhood poised for reinvestment. From new homeowners to residents of the Centennial Project, families are choosing to call this neighborhood home, and you can actually feel the energy when you walk down the street. Nearing the end of construction on this project serves as a new beginning for St. Clair Place.”
To learn more about the REALTOR® Foundation and the Building a Living Legacy Project, visit www.mibor100.com or http://www.realtorfoundation.org/.
Established in 1984, the REALTOR® Foundation is the philanthropic arm of the Metropolitan Indianapolis Board of REALTORS® (MIBOR). MIBOR, the professional association representing central Indiana’s REALTORS®, serves the needs of more than 6,500 members in Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Montgomery, Morgan and Shelby counties.