Description

Richmond, IN (January 17, 2025) – Housing developers are getting a new tool to use to increase housing stock. The Housing Accelerator Program will provide grants, with a maximum award of $250,000 per project, to support public infrastructure projects in existing, unfinished, platted subdivisions. Infrastructure includes, but isn’t limited to, the build out of public streets, roads, sidewalks, and utilities within existing subdivisions. Applicants need to have five years or more experience in the development of housing units and eligible projects must be within communities participating in county-wide economic development through financial contributions to the Consolidated EDIT fund. Preference will be given to applicants with the capacity to build a minimum of ten housing units. For-profit, cooperatives, public entities, and nonprofit organizations are eligible to apply.

The deadline to apply is March 17, 2025, and applications can be submitted via email or hard copy. Funding announcements are expected to be made beginning in April. Find more information about the program here. For more information or to request a grant application contact Sarah Mitchell, Economic Development Manager, at sarah@whywaynecounty.com.