COLUMBUS, Ind. — Thrive Alliance has received $1.2 million in low-income housing tax credits from the Indiana Housing and Community Development Authority (IHCDA). The funds will enable Thrive Alliance and partner Jonesboro Investments to move forward with the construction of Heritage Landing, a 64-unit affordable, senior apartment complex planned in Terre Haute.
“We are pleased to have IHCDA provide funding to move this important project forward,” said Mark Lindenlaub, Thrive Alliance Executive Director. “This is a very exciting project for the Housing Services division of Thrive Alliance in being able to help address the need for affordable housing in communities throughout Indiana.”
Lindenlaub expressed appreciation for the cooperation of local officials in helping bring the project to fruition. “City of Terre Haute elected officials, as well as our colleagues at Thrive West Central, have been greatly supportive of this project since its inception.”
Formed 33 years ago as Housing Partnerships in Columbus, Thrive Alliance Housing Services now manages more than 100 affordable rental homes as well as five multi-unit complexes in Columbus, Greensburg, and Seymour.
Heritage Landing will be Thrive Alliance Housing Services’ first major affordable housing project outside its traditional service area.
