Ground broken on READI-funded housing project in Tell City
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Officials in Tell City broke ground Friday on the $10.3 million first phase of the Hoosier Heights housing project. The Indiana Economic Development Corp. said the project received $1 million in matching funds from the Regional Economic Acceleration and Development Initiative, or READI.
The Hoosier Heights development in the Perry County City is expected to create 33 new family homes by the end of 2026, with up to 81 homes in future phases.
The IEDC said the project will address a critical need for housing in the county and support continued talent attraction and retention efforts in southwest Indiana.
“Hoosier Heights is more than just a housing project; it’s a critical investment in the future of Perry County,” Perry County Development Corp. Erin Emerson said in a news release. “By increasing housing inventory and expanding infrastructure, we’re laying the groundwork for sustainable growth and providing more opportunities for families to build their future here.”
Tell City and Perry County are part of the Indiana First region, led by the Southwest Indiana Development Council. The region has been awarded a total of $30 million through the two iterations of the READI program.
“The availability of housing is an essential aspect of quality of place, particularly in our rural Indiana communities,” said Indiana Secretary of Commerce David Rosenberg. “The Hoosier Heights development in Tell City will not only support current and future residents, but it will pave the way for continued economic growth in Perry County and the surrounding region, ensuring businesses have access to the skilled workforce needed to thrive.”
The Indiana First region covers Harrison, Knox, Perry, Pike, and Spencer counties.