Anderson’s Lincolnshire Apartments reopens as Topper Terrace at Lincoln
The Anderson Housing Authority has ceremonially reopened the former Lincolnshire Apartments after a years-long renovation of the historic building. As IPR’s Thomas Ouellette reports, it will target the growing need for affordable single-bedroom housing in Anderson.
Audio Transcript
Now renamed to Topper Terrace at Lincoln, the building will contain over 30 apartments with a mix of both single bedroom and studio units. The Anderson Housing Authority says monthly rental prices will start in the mid-$900 range.
Agency CEO Kim Townsend says these units will fill a current gap in local housing options.
“Because we needed one bedrooms. The possibility of having more one bedrooms available for the people that were on the streets looking. And some of those people that are our clients lost their benefits because they couldn’t find anything.”
Townsend says that the building will be entirely owned and operated by Anderson Housing Incorporated. She says Topper Terrace will serve as affordable housing, but not entirely low income housing. Only 10 units in the building will be used by individuals receiving housing assistance.
The Anderson Housing Authority purchased the Lincolnshire building in 2021. Kevin Sulc with the housing authority says the agency spent about $5 million and the years since completely redoing everything inside the building.
“Basically, all that was left standing after the demolition was just the original concrete structure, we took everything else out. It was an empty shell.”
Sulc says the majority of the funding for the renovations came from a private loan, with just under $800,000 from tax increment financing and another $1.2 million from two American Rescue Plan awards.
The building is still undergoing some minor construction. Housing authority officials say tenants will be able to move in in late August.
Thomas Ouellette is our reporter and producer. Contact him at thomas.ouellette@bsu.edu
