Indiana Uplands to launch competitive funding programs
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The Indiana Uplands region is preparing to launch two competitive funding programs made possible through the region’s Indiana Regional Economic Acceleration and Development Initiative award. The programs, which are a collaboration between Regional Opportunity Initiatives, Radius Indiana, and the Indiana Uplands READI Steering Committee, include the Ready Communities 2.0 program and the Ready Housing program.
The Ready Communities 2.0 program, which will allocate up to $3 million, will fund projects designed to improve regional capacity. The projects will help attract and retain workers by creating community amenities or enhancing the existing attributes.
The Ready Housing program, which will provide up to $9 million, will fund projects that help increase the region’s inventory of owner-occupied and rental housing to support a growing workforce.
The Indiana Uplands region received $30 million in READI funds in 2021 from the Indiana Economic Development Corp. In total, the IEDC awarded $500 million in American Rescue Plan Act funds to 17 regions throughout the state to promote strategic investments to make Indiana a magnet for talent and economic growth.
The Indiana Uplands region is an 11-county area that includes Brown, Crawford, Daviess, Dubois, Greene, Lawrence, Martin, Monroe, Orange, Owen and Washington counties.