Construction on Roper Capstone to Begin

At long last, a vacant historic building constructed over 100 years ago at the corner of 8th and Division will come back to life.  Hamilton County Area Neighborhood Development (HAND), Inc. took possession of the building last fall and has given Meyer Najem the notice to proceed.

The building last occupied by Myette Pools has been vacant since at least 2000.   “I’ve called it the bane of my existence because I stare at it every day I come into work,” says Nate Lichti, “but it can’t be anything like the neighbors who live here and see it every day and night.  It’s a gateway property to downtown, and should continue the momentum that’s building in the corridor with initiatives by Nickel Plate Arts and Noblesville Main St.”

 

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The rehabilitation of this building is possible due to help from various local and state organizations as well as private donors.  HAND received support from the City of Noblesville Façade Grant Program, City Council through fee waivers, and the Noblesville Township Trustee.    Competitive grants were awarded late last year by the Indiana Housing and Community Development Authority (IHCDA) and Federal Home Loan Bank of Indianapolis.  The Hamilton County Commissioners allocated federal Community Development Block Grant funds to fill the final remaining gap.

Thanks to a state tax credit known as the Neighborhood Assistance Program (NAP), over $35,000 has been raised by private donors. HAND can still raise $8,000 for the project if individuals or companies make their NAP donations before May 30th. To become a part of this revitalization and receive a state tax credit, contact HAND at 317-674-8108.

Ultimately, the building will become six permanent apartments similar to the two properties HAND already manages on the street.   HAND provides quality affordable housing to low income residents.  “We hope to provide housing to a few of the community’s most vulnerable with a partnership with local service providers and the Township Trustee,” reported Lichti.

“This is a win-win venture where the community wins through the preservation of a historic building and more downtown investment, and residents receive high quality, permanent housing that’s affordable to folks who otherwise struggle to make ends meet.”