Announced today (August 22nd 2016) via the official Facebook Page, Allison Road was cancelled in June this year for unknown reasons. A brief cancellation announcement was given with very little details.
Originally being creating by their own label Lilith Ltd, it was later announced after a highly successful kickstarter campaign (which was withdrawn upon announcement) that they had teamed up with Team 17 to help create the game. 8 months later the game was cancelled.
The game is now back in production with the creator Christian Kesler working on the game by himself and under a new label Far From Home.
No information as to when we can expect a release date or any other details have been announced but with the game being back in production this is good news all by itself! Fingers crossed we finally get to see Allison Road in all its glory this time.
Read more about the revival via IGN