READI Logo
1.0

Clinton Housing Project

Overview

The City of Clinton’s proposed READI project is the rehabilitation of streets and sidewalks roughly five blocks of North 6th Street between the new apartments that were constructed and Vine Street. The City will use the $237,000 READI funding for roadway paving, engineering and design, and bidding and construction admin on this project. The streets and sidewalks in this neighborhood are in very poor condition that was due to a previous lack of individuals populating this part of the City. Matching funding will be provided by the City for site excavation and through Cottrell Properties through the construction of a dozen small, 2- and 1-bedroom apartments on North 6th Street in Clinton, Indiana. These apartments occupy approximately 2 City blocks. Prior to this project, the real estate where these apartments were built was in very poor condition. The City acquired all the properties via the tax sale process and Cottrell Properties purchased all the lots and went through the process of obtaining building permits to construct the apartments. Today, all the apartments are occupied, and the properties are back on the tax rolls at a much higher accessed value (about 10 times higher) than before. With the revitalization of housing in the area, the City is determined to do our part to ensure this street is repaved to provide an enhanced quality of place for the new apartment buildings that were constructed to continue to spur development efforts in the areas. Timeline - Aug-Dec 2023.

Location

Vermillion County

Funding

READI Logo
1.0.0
$237,000.00
Public
$25,000.00
Private
$448,274.00
Total
$710,274.00

Region

Wabash River

The Wabash River Region, also known as West Central Indiana, is home to Vincennes University, scenic outdoor destinations, and approximately 223,000 residents. $20 million in total READI 1.0 funds allocated to this region.

Counties:

Clay
Parke
Sullivan
Vermillion
Vigo
 Wabash River Region Map