The city says the DMD and Renew Indianapolis are also on pace to demolish 155 blighted houses by the end of the year, which is also more than the previous two years combined. Nearly $3 million in Hardest Hit Funds provided by the state's Blight Elimination Program have been invested in the effort.
INDIANAPOLIS - The board of directors for The Indianapolis Foundation has approved nearly $1 million in grant funding to 21 nonprofit organizations throughout Marion County. The grants will fund 23 programs and projects aimed at addressing issues, including education, economic development and community assistance.
The foundation, which is an affiliate of the Central Indiana Community Foundation, says the grants were made possible by the unrestricted Endowment for Indianapolis. Additional funding was made possible by five "field of interest" funds, including the Christmas Fund, F.R. Hensel Fund for Fine Arts, Music and Education, James Proctor Fund for Aged Men and Women, Pauline K. Stein Fund and The Indianapolis Foundation Library Fund.
INDIANAPOLIS -The Indiana Housing and Community Development Authority has awarded nearly $14 million in Rental Housing Tax Credits and nearly $6 million in additional funding to support 16 multi-family housing developments throughout the state. The funding will be used for projects including new construction and preservation of historic buildings.
Twelve Indiana communities will share in nearly $2 million as part of the Indiana Housing and Community Development Authority's latest round of Blight Elimination Program funding. The organization says about 4,000 blighted and abandoned homes in Indiana will be eliminated through the program.