Perry County Redevelopment Commission Sets Lottery for August 23rd.
PERRY COUNTY, IN. (June 27, 2023) – Twenty-seven home lots will soon be available for purchase in the newly developed Forest Canton Heights Subdivision, located just north of Tell City at the junction of Highway 37 and Highway 237. Lots are generally sized from .20 acres to .33 acres and are priced at $15,000 per lot. All lots will be equipped with access to electric, gas, water, wastewater, and high-speed fiber internet.
The development of the subdivision, which gets its name from the City of Tell City’s Swiss heritage, is being led by the Perry County Redevelopment Commission (RDC). RDC President, Jon Scheer, has been involved in the project since the idea was first proposed in 2021. “Our goal is to address the need for additional single family-housing options in the area.” Scheer said, “By creating an opportunity for development, we hope to help drive population growth and grow the county’s workforce and tax base.”
The RDC partnered with the Perry County Development Corporation (PCDC) to receive funding from the state’s READI (Regional Economic Acceleration & Development Initiative) program as part of the Indiana First region. “Increasing housing inventory is key to our regional plan and this project provided an excellent opportunity to collaborate with local leaders to strategically address a critical need,” said PCDC President & CEO, Erin Emerson. The project received $775,000 in READI funding and Emerson says it is anticipated to generate over $5 million in private investment. Additional funding for the project was provided by Perry County ARP funds, City of Tell City ARP funds, and excess TIF funds.
Lots will be sold via lottery selection on Wednesday, August 23, 2023, at 6:30 PM CST at the Perry County Courthouse, located at 2219 Payne Street in Tell City. Lottery participants are not required to reside in Perry County or Indiana and both private individuals and home builders have equal rights to purchase lots in the lottery. Purchasers must begin building a single-family home within one year and complete construction within 1.5 years.
For more information about the subdivision, including a site map, a complete list of building covenants, and details regarding the lottery process, visit the Forest Canton Heights page on www.perrycounty.in.gov. To learn more about living and working in Perry County, visit. www.pickperry.com.
Perry County Redevelopment Commission
Perry County Development Corporation
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