Circle Up Indy has unveiled a plan to build up to 2,000 homes in the Martindale-Brightwood neighborhood using a patented 3D printing machine that can help construct a home in 24 hours. But first, the non-profit needs to raise $2.6 million.
“The machine you see is one of a kind and isn’t out on the market yet,” said Circle Up Indy CEO James Wilson, “Everybody’s excited and willing to make history.”
The 3D printer uses solid concrete and epoxy flooring. It promises to process minimal waste with over 78% eco-friendly materials.
Homes would cost just over $100,000 to build depending on individual customization and would be priced between $120,000 and $150,000.
They would offer jobs to people as young as 15, veterans and even those with criminal backgrounds to be certified in operating the machine along with building out the rest of the homes to finish.
Starting pay would be between $25 and $40 an hour.
Many state and business officials are in support of the plan, because many feel individuals impacted at the core of the current housing crisis will benefit from the initiative.
“The average annual income of people who come to us is $8,400 a year,” said Larry Smith, the CEO of Fathers and Family, “That’s because they’re either unemployed or underemployed. The other issue is homelessness.”
He said this plan would be a literal game changer, because it would allow them to employ the men that they serve for the nonprofit.
It would boost job placement for individuals with criminal histories, disabilities, veterans and many more.
Marion County Prosecutor, Ryan Mears said far too often previously incarcerated people transitioning back into society can’t because they’re faced with discrimination.
“What we notice with this plan is we’re able to get people into housing and jobs and we’re able to keep them out of the criminal justice system,” said Ryan Mears.
Andrea McGordan, Vice President at Old National Bank, supports the initiative and said the company would assist in funding for homebuyers.
Larry Williams with the Indy Black Chamber said their partnership with Circle Up Indy supports efforts in gaining capital, contracts for contractors, wealth building and business education.
“When we talk about generational wealth you must have housing and we don’t own a lot in our community. As a Black chamber we’re going to help,” said Larry Williams.
Circle Up Indy plans on receiving the shipped machine by September.
Throughout the summer they want to certify at least 60 people who can work on the project.
They’re looking to seek more funding from businesses and corporations. The city hasn’t pledged any money toward the effort.
The organization is also seeking $500,000 for land to create a headquarters. They hope to create long term jobs and house more acquired machines that other cities and states can utilize through an Indianapolis main office.
The organization has raised $15,000 so far.
Contact senior staff writer Jade Jackson at 317-607-5792. Follow her on Facebook and Twitter @IAMJADEJACKSON.