What is SCIHO up to this spring?
- Launch of the new Housing4Hoosiers Tenant Resource Website
- Planning a Garden for Switchyard Apartments
- Catch SCIHO around town
We Are Here For the Next Century…99-Year Ground Lease Agreement Approved!
SCIHO-Switchyard Apartments, LLC, a subsidiary of South Central Indiana Housing Opportunities Corporation, is now party to a 99-year ground lease with the Bloomington Parks and Recreation Department for 1901 S Rogers, the site of the Switchyard Apartments project.
SCIHO Awarded $500,000 Affordable Housing Program Grant
South Central Indiana Housing Opportunities, in partnership with BloomBank, has been awarded $500,000 in competitive Affordable Housing Program grant funds from the Federal Home Loan Bank of Indianapolis for the development of Switchyard Apartments.
Investigating Community Housing Needs
SCIHO has completed a Community Housing Needs Assessment to document the City of Bloomington’s housing needs.
Highlights:
- Housing costs in Monroe County are the highest in Indiana, and demand for low-cost rentals far outstrips supply.
- In Monroe County in 2011-13, there were only 14 rental units affordable and available for every 100 extremely low-income renters–a decrease of 22 percent from 2000.
- Bloomington must build its local capacity to increase the production of affordable housing.
Updated! 2018-23 Strategic Plan
STRATEGIC AREAS
1. Mission-Based Program Development
2. Capacity Building
3. Communications and Marketing
4. Finances and Fundraising
5. Community Outreach and Partnerships
6. Property and Asset Management
