HOUSING ACTION ITEMS
Below are the action items identified for each priority outlined in the Housing section of the Near Eastside Quality of Life Plan.
| 1.1: Develop market rate homes for homeownership.
Implementation Partner: Housing Community Action Team |
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| 1.2: Develop homes for buyers at or below 120% AMI and, when possible, include in the community land trust, particularly in areas that have already experienced or are in the process of experiencing a rapid increase in property values.
Implementation Partner: NEAR |
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| 1.3: Utilize the Edge Fund offered by Renew Indianapolis or the Mortgage Accelerator from Indianapolis Neighborhood Housing Partnership to leverage the buying power of low-moderate income buyers.
Implementation Partner: NEAR |
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| 1.4: Support volunteer driven affordable housing development through Habitat for Humanity and Fuller Center.
Implementation Partner: Education Community Action Team |
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| 1.5: Make intentional efforts to market available housing and urban living to historically marginalized communities.
Implementation Partner: NEAR |
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| 1.6: Encourage dense homeownership developments, including condominiums or developments similar to Beville Greens.
Implementation Partner: Englewood CDC |
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| 1.7: Explore developing a lease-purchase project that will convert the renters of the units (either attached or detached units) into homeowners.
Implementation Partner: Indianapolis Neighborhood Housing Partnership |
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| 1.8: Develop permanent affordable housing, creativity incubator and/or live/work spaces for diverse groups of artists to gather, create and collaborate.
Implementation Partner: NEAR |
| 2.1: Develop carriage houses for low-moderate income households in areas experiencing a rapid increase in property values in order to increase density and enable homeowners to stay in the neighborhood.
Implementation Partner: NEAR |
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| 2.2: Support the development of high quality mixed-income and market rate apartments.
Implementation Partner: Englewood CDC |
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| 2.3: Support the development of transitional and integrated permanent supportive housing, such as the Horizon House Permanent Supportive Housing Proposal and the integrated permanent supportive proposals being proposed by Englewood CDC (St. Lucas Lofts and PEP Housing).
Implementation Partner: Englewood CDC |
| 3.1: Advocate for freezing of taxes for long-term homeowners.
Implementation Partner: NEAR |
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| 3.2: Develop a Real Estate Investment Trust (REIT) where our community is able to invest in and control the development of properties in their community.
Implementation Partner: Englewood CDC |
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| 3.3: Develop an independent community land trust that will maintain permanent affordability, with local control and representation on the CLT.
Implementation Partner: NEAR |
| 4.1: Identify a central organization to coordinate the promotion of the multiple sources of homeowner repair funds and applications.
Implementation Partner: Englewood CDC |
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| 4.2: Identify a central organization to coordinate the promotion and applications for various volunteer home repair programs.
Implementation Partner: Englewood CDC |
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| 4.3: Develop a pilot program that provides repairs for homes occupied by renters.
Implementation Partner: Englewood CDC |
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| 4.4: Advocate for higher tax rate for vacant land or property that begins two years after purchase to discourage land speculation.
Implementation Partner: NEAR |
Interested in getting involved in the Housing implementation?
There are many ways to get involved with the Quality of Life Plan for the near Eastside. You can attend a monthly Focus group meeting or the quarterly Plan Summit.
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