GREATER LAFAYETTE REGIONAL HOUSING STUDY

The housing study was funded by local matching funds & the State of Indiana’s Regional Economic Acceleration & Development Initiative (READI) program to support initiatives for talent & population attraction, retention, & overall economic growth.

About The Project

The Greater Lafayette READI Region is addressing the housing shortage that is impacting most areas of the nation, a challenge that is particularly elevated in our community.

This housing study outlines and implements strategies to ensure all residents in the Greater Lafayette READI Region will have diverse housing choices and locations that meet their needs. From late 2022 through early 2023, an extensive process of community engagement, interviews, community tours, and a market analysis was conducted. This effort unveiled critical market gaps and identified the desires of residents and stakeholders within the Greater Lafayette READI Region.

By combining this comprehensive public input with a thorough analysis of demographic and market trends, the study pinpointed and established regional housing goals and strategies. This document now serves as a testament to these efforts, providing an overview of the key findings from both the market assessment and public engagement, alongside the detailed goals and strategies that were implemented.

County Packets

Benton
County

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Carroll
County

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Fountain
County

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Tippecanoe
County

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Warren
County

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White
County

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Read the full study

Download and read the entire study. 

Project
NEWS

Goals and Objectives

The Greater Lafayette Region will consider projects that
align with our goals for the funding.

Talent attraction and Workforce development

  • Grow population at a rate 150% faster than previous decade (7.4%) – 284,125 residents by 2030 in Greater Lafayette (an additional 19,528 residents)
  • Increase in Labor Force by 8,000 by 2030
  • Attain a 75% K-12 Proficiency Level by all schools

Infrastructure / Land use and Housing Development

  • Increase housing use (10% increase over the next decade); 11,838 new housing units with development in every County

Innovation and Entrepreneurship

  • Increase in new company formation
  • Create scalable test beds for advanced research and development
  • Accelerate the adoption of digitization/Industry 4.0

Quality of Place/Life and Natural/Cultural Development

  • Welcome visitors (twice as many as previous decade and establishment of regional air service)
  • Invest in sustainable development of the Wabash River and area lakes
  • Champion regional cultural programs (sustainable farm to table food; arts)
  • Create complementary and shared assets across the region

Quality of Opportunity and Economic Development

  • Increase labor force participation rates to 64% (62.8% in 2020)
  • Increase in per capita personal income to better than state (2020: Region-$43,669 versus State – $48,678)

Submit your project
application

Questions? Reach out!

We want our community to thrive. Firstname Lastname is the primary contact and can
help answer specific questions at [email protected], otherwise, fill out this form.