Lynsay Clutter/ Eyewitness News
Indianapolis- Indiana's growing housing crisis takes center stage Wednesday at the Indiana Convention center.
Hundreds of realtors and community leaders will discuss the reality facing homeowners and the industry.
The 8th Annual Central Indiana Housing Summit runs from 8:30am -12:30pm and it is open to the public.
The summit will focus on how regional assets, such as green technology, mass transit, and government consolidation, could impact Hoosier neighborhoods in the future.
Drew Klacik with IUPUI's Center for Urban Policy and the Environment is the keynote speaker at the summit. He talked about efforts to revive the local market.
"We're talking about two steps: One is getting people back to work. Second is attracting more people to Indiana because, even if everyone was working, there would still be an abundance of homes," Klacik said. "We need to grow the demand side which really puts some pressure on the economic development folks to help create the kind of jobs and also the cultural and recreational amenities that will attract more people back to Indiana over time."
Just last week, the city of Indianapolis decided how it will award $29 million in Neighborhood Stabilization Program money.
Those federal funds will help stabilize neighborhoods that have been ravaged by the recession and foreclosures.
