TERRE HAUTE, Ind. (WTWO/WAWV) — Thrive West Central Indiana is conducting a regional housing study to get a better understanding of the housing market in the area.
Thrive is looking to identify factors that impact supply and demand and analyze policy, infrastructure needs, and constraints on the housing market. Thrive is also working to identify opportunities for new housing development that will be both attractive and affordable.
The effort involves many representatives focused on housing.
“In this current economy, talent is everything. For our region to grow and prosper we must attract and retain a skilled workforce to not only fill the jobs of today but to create the jobs of the future,” Executive Director of Thrive West Central Ryan Keller said. “We have a steering committee that is made up of representatives from each county that are within this housing industry sector. So we have contractors and builders, developers, real estate agents, and real estate associations.”
Keller adds that the group is doing a lot of research and analysis, “we are pulling up from local, state, and national databases as well as conducting our own kind of surveys here locally with different segments of the population.”
The study is expected to be complete by this fall.