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Hoosier Uplands Receives Funding For New Apartment Project

Last updated on Wednesday, October 18, 2017

(LOOGOOTEE) - Last month, Hoosier Uplands Economic Development Corporation received notice of funding for a new apartment project called Eagle Place Apartments.

The project will convert the former St. John's School in Loogootee, into 20 apartment units for seniors over the age of 55. It is the 16th housing project that Hoosier Uplands has provided for the community since 2000.

Funding for the project comes from:

• U.S. Department of Housing & Urban Development's (HOME) Investment Partnerships Program -- $2,238,000


• Federal Home Loan Bank of Indianapolis -- $500,000


• Local funds -- $51,000

Construction begins this month with an expected completion in August 2018.

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