The philanthropic arm of the Metropolitan Indianapolis Board of REALTORS® (MIBOR), The REALTOR® Foundation, has pledged $500,000 to revive a struggling urban Indianapolis neighborhood. Part of the larger Super Bowl Housing Legacy Project – which aspires to build, repair, or renovate 250-300 homes and units of affordable housing – the Foundation’s 10 percent contribution will help create 32 new housing units for families threatened by homelessness. The project will culminate in 2012 and will commemorate both the 100-year anniversary of MIBOR as well as the 2012 Super Bowl, hosted in Indianapolis.
The Foundation will work with the John H. Boner Community Center to build the homes, which the center will own, and will provide residents with support and services to help them establish and maintain home ownership. Over the next three years, volunteers from the Foundation and other Near Eastside community organizations will work together to rehabilitate or build these units while maintaining the diverse culture the neighborhood has long enjoyed. The result will be a neighborhood of choice for residents of all income levels.
“Philanthropy is our mission at the REALTOR® Foundation – it’s not a new venture for us,” Regina Jones, 2010 president of the REALTOR® Foundation said. “But it’s exciting to be part of a long-term giving and volunteer project. We know that we’re creating a piece of history for the community, not to mention providing a life-changing opportunity for numerous local families fighting back from homelessness. It’s the best possible way we could mark both our MIBOR Centennial, and our city’s first-ever Super Bowl.”
Each year, the Foundation looks to support the vital work of organizations that serve people displaced because of domestic violence, natural disaster or those affected by economic hardships that have made them temporarily homeless. In the past seven years, the REALTOR® Foundation has provided $500,000 to local homeless service providers throughout central Indiana. However, the Foundation envisioned a more permanent gift to mark 100 years of REALTOR® community involvement.
To learn more about the MIBOR’s Centennial, including Building a Living Legacy visit www.MIBOR100.com