This summer, homebuyer Juana accepted the keys to her new home in Bloomington’s Habitat for Humanity Osage Place neighborhood. Juana’s home is the second of three Osage Place homes funded through a $315,000 Regional Economic Acceleration and Development Initiative (READI) 1.0 grant awarded by the Indiana Uplands READI steering committee and Regional Opportunity Initiatives. Read Juana’s story.
Osage Place is located on eight acres on the southwest side of Bloomington, west of the intersection of Rockport and Rogers Roads. Homes in the Osage Place neighborhood are built for residents and families with household earnings between 25 and 80 percent of the area median income. When phases of the neighborhood are completed, Osage Place will include more than 60 affordable single-family and paired homes.
About READI
In May 2021, Indiana Gov. Eric J. Holcomb and the Indiana Economic Development Corporation (IEDC) launched the Regional Economic Acceleration and Development Initiative (READI 1.0), a transformational initiative with $500 million in state appropriations to promote strategic investments to make Indiana a magnet for talent and economic growth. In the Uplands region, 27 projects received READI 1.0 funding. For more information on Indiana Uplands READI 1.0 projects and to learn more about READI 2.0 in our region, please visit: https://regionalopportunityinc.org/readi/