Thrive Alliance is receiving $1.2 million in state tax credits to build an affordable apartment complex in Terre Haute, its first major development outside of the local area.
According to the agency, the Indiana Housing and Community Development Authority will be providing the funds to build Heritage Landing, a 64-unit affordable, senior housing complex in Terre Haute.
Mark Lindelaub, executive director of Thrive Alliance said that the agency is excited to be able to help address affordable housing needs across the state.
Thrive Alliance was formed 33 years ago as Housing Partnerships in Columbus. Thrive Alliance Housing Services manages more than 100 affordable rental homes as well as five multi-unit complexes in Columbus, Greensburg and Seymour.