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Thomas Ouellette 
Located at 330 West 12th Street in Anderson. The Lincolnshire Apartments building has been left vacant for about ten years. In 2021, the Anderson Housing Authority purchased the building for $480,000 with plans to renovate it and build affordable housing units. But the Covid 19 pandemic created supply chain issues and other financial difficulties across the country. Kevin Sulc, chief operating officer for the housing authority, says as it spent time looking for alternative financing, the project only got more expensive.

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Kevin Sulc
Again, some roadblocks came up and of course, the more as time goes on, obviously prices don't stay the same. so we continue to struggle with, you know, the price of the project just because of increased inflation, increase cost of materials.

00;00;45;22 - 00;01;14;19
Thomas Ouellette 
After a New Year's Eve meeting of the Anderson City Council, which had to assign all the money by a federal deadline, the agency was allocated $500,000. Sulc says it was able to secure a construction loan. The plan for Lincolnshire Apartments is to create 21 single bedroom units and 11 studio apartments on the building's bottom floor. Sulc says that the construction timeline for the renovation will hopefully see work begin at the end of this month, with the apartment opening for tenants in the spring of 2026.

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Thomas Ouellette 
In Anderson, Thomas Ouellette IPR news.