INDIANAPOLIS — For nearly a decade, a legal dispute has kept the City from taking on the biggest challenges facing families living at Towne and Terrace on the far eastside. Recently, Mayor Joe Hogsett joined Indianapolis City-County Council and City of Indianapolis Department of Metropolitan Development to announce a settlement in the legal battle between the City and the Towne and Terrace Homeowners Association.
The settlement addresses three main points:
First, it resolves every legal claim filed between the HOA and the City; second, it allows the City to act as a voting member of the HOA; and third, it resolves the bankruptcy filing. The city currently owns over 100 units in the complex and will likely acquire more as they go up for tax sale. The city has also demolished five buildings.
Outside the global settlement, the City has also secured an agreement with Town and Terrace Corp. to install IMPD security cameras and additional lighting at the complex.
In 2021, the Indianapolis City-County Council appropriated $5.4 million in ARPA funds to support community engagement, redevelopment, and public safety at T&T. In the next month, the Indianapolis Department of Metropolitan Development intends to launch outreach efforts, connecting residents to critical services and community resources such as workforce programs, mental health services, and legal support.
Built in the 1960s, the condos were initially a middle-class development, but over the years, the buildings became dilapidated and unsafe. Situated near 42nd and Post, the apartments became a magnet for crime, drug dealing, and gun violence.