REALTOR Foundation Providing 32 Residences for Renovation for Homeless Families
Mayor Greg Ballard today was joined by representatives of the REALTOR Foundation and the 2012 Super Bowl Host Committee in previewing one of 32 residences that will become homes for homeless families as part of the 2012 Super Bowl Housing Legacy Project.
The REALTOR Foundation, the philanthropic arm of the Metropolitan Indianapolis Board of REALTORS (MIBOR), has pledged $500,000 to help revive the St. Clair Place neighborhood as part of the Legacy Project. With its “Building a Living Legacy Project,” the REALTOR Foundation is providing 32 residences on the Near Eastside for renovation and construction. Project leaders demonstrated today how the funding is being put to work at the house undergoing renovations at 822/824 N. Tacoma Ave.
“The REALTOR Foundation’s commitment to funding the renovation and construction of 32 properties on the Near Eastside will make a tremendous impact on the lives of families who will soon call these residences home,” said Mayor Ballard. “The 2012 Super Bowl Housing Legacy Project is moving forward on a path of revitalizing the St. Clair Place neighborhood and beyond to improve the quality of life for our citizens and create a vibrant place for families to grow and to secure a successful future.”
Mark Miles, chairman of the 2012 Super Bowl Host Committee, Regina Jones, REALTOR Foundation president, and James Taylor, chief executive officer of the John H. Boner Community Center, joined Mayor Ballard today at the site of a formerly abandoned duplex. The property is being gutted and renovated, and later this year will be home to two homeless families.
The REALTOR Foundation’s financial support helped the John H. Boner Community Center and Indy-east Asset Development (I-AD) purchase homes and lots, which will include the projected renovation of 21 residences and the construction of 11 homes. All will be rented to homeless families or families at-risk of being homeless who will receive support services coordinated by the nearby Boner Center to help them become self-sufficient.
“Our goal is to give homeless families a second lease on life by not only providing affordable housing, but ensuring they have services they need to become successful and provide for their families,” said Jones, a Carpenter REALTOR.
The REALTOR Foundation’s effort to provide homes for the homeless is part of the larger 2012 Super Bowl Housing Legacy Project, which aspires to build, repair, or renovate 150 to 200 homes and units of affordable housing on the Near Eastside. The Super Bowl Housing Legacy Project funding comes from a variety of sources, including the federal Neighborhood Stabilization Program (NSP), the City of Indianapolis and State of Indiana Neighborhood Stabilization Program, United Way of Central Indiana and the REALTOR Foundation. Congressman AndrĂ© Carson secured NSP funding for the Legacy Project in 2008 as part of a bill that awarded $29 million to the City of Indianapolis.
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