Fall Creek Place

In 2001 the US Department of Housing and Urban Development chose Indianapolis as a recipient of a $4 million Homeownership Zone grant, which was used to stimulate redevelopment in a neighborhood that had earned the nickname "Dodge City" because of its high crime rate. Fall Creek Place replaces the neighborhood's vacant lots and abandoned and dilapidated homes with 482 new owner-occupied single-family homes and town homes, as well as 68 rehabilitated properties and 9 live/work condominiums. New street lights, sidewalks, greenways and parks complete revitalization of the 26-block area. This mixed-income community includes market-rate units interspersed with homes affordable to buyers at or below 80 percent of the area median income.