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For the past 10 years, IndyEast residents, major institutions and community partners have worked together to create a new story for our neighborhood. We have moved our community forward according to the ambitious, resident-created Quality of Life Plan. We are strong, organized and uniquely prepared to grow our neighborhood over the next decade. Together and with commitments from all levels of the City of Indianapolis, we are ready to invest the time, efforts and resources to fulfill our Promises.
Check Out Our Latest Newsletters and Updates:
IndyEast Promise Zone Baseline Report
IndyEast Promise Zone 2020 Data Update
General Newsletter – January 2020
Grants Newsletter – February 2020
Federal Low-Income Tax Credits Program Continues to Support Affordable Housing in the Promise Zone
One of the foundational goals of the IndyEast Promise Zone is to address our community’s housing needs. Among the main concerns in housing development is affordability, especially for low-income neighbors. Along with our partners, we have been committed to our Live IndyEast goals, which include addressing barriers to decent, safe housing and maintaining affordability. An important tool that has been […]
White House Updates List of Federal Programs with Opportunity Zone Preference
The White House Opportunity and Revitalization Council has identified numerous federal programs for which Opportunity Zone preference can be made available. As of January 31st, 2020, action has been taken on over 200 programs. For the updated list of federal programs, click here. Opportunity Zones are federally certified census tracts in low-income areas that provide tax incentives for capital […]
Revitalization of P.R. Mallory Campus Moves Forward, Creating Economic and Educational Opportunities
One of the many historic former industrial sites in the Promise Zone is the P.R. Mallory Campus, located at 3029 East Washington Street. Long home to P.R. Mallory and Company Inc., the site was once a major hub for employment and economic activity on the Near Eastside. However, a decrease in employment at the site started in the 1970s when […]
Wheeler Mission and RecycleForce to Use New Market Tax Credits for Expansion on Near Eastside
On May 23rd, 2019, the US Treasury Department announced $3.5 billion in New Markets Tax Credit (NMTC) awards to spur economic development in urban and rural communities across the nation. In total, 73 Community Development Entities (CDEs) were awarded allocations, including Indianapolis Redevelopment CDE, LLC. Indianapolis Redevelopment CDE, which represents the City of Indianapolis despite being a separate entity, was […]
Line Lofts to Bring Affordable Senior Housing and Youth Services for Visually Impaired Population
On October 30th, 2019, TWG Development broke ground on a new project at 1142 Southeastern Avenue. This new development, Line Lofts, will provide a mix of important amenities to the Near Eastside community and the City of Indianapolis. Line Lofts will create 63 new two-bedroom units of affordable senior housing. The development of affordable senior housing allows aging members of […]
Near Eastside Small Business Saturday, Coming November 30th
November 30th is Small Business Saturday®, which means it’s almost time to celebrate with your favorite small businesses on the Near Eastside! Wondering how you can participate? Stop by the highlighted businesses to pick up a Small Business Saturday canvas tote bag that will have coupons and other goodies from local businesses inside. Just looking for the coupons? Stop by […]
Edna Martin Christian Center and RecycleForce Set to Use Federal Awards to Create Jobs in Promise Zone
On October 2nd, 2019, the US Department of Health and Human Services (HHS) announced this year’s awardees for its Community Economic Development grant program. Among the awardees were Edna Martin Christian Center and RecycleForce, two organizations which serve Promise Zone residents. Both organizations received the maximum award of $800,000. The Community Economic Development program, organized through the Office of Community […]
City of Indianapolis Designates Portion of East 10th Street as Lift Indy Neighborhood
On October 2nd, 2019, Mayor Joe Hogsett and other representatives from the City of Indianapolis joined Near Eastside neighbors, business owners, and community leaders to announce the designation of a third Lift Indy Neighborhood, located in a key commercial corridor on the Near Eastside. The designated area, focused on a section East 10th Street, joins Monon16 and the Old Southside, […]
RUCKUS Makerspace Awarded in Small Business Administration Competition
On August 20th, the US Small Business Administration announced winners for its 2019 Makerspace Training, Collaboration, and Hiring (MaTCH) Pilot Competition. Among the winners in the Proof of Principle category was RUCKUS Makerspace, a local coworking space located in one of the ten Opportunity Zone census tracts that overlap with the IndyEast Promise Zone. The Proof of Principle category awards […]
Vault Brings New Life to Former Bank Building in the Form of Co-Working Space
One of the key pieces of the successful revitalization efforts on the Near Eastside has been finding exciting new uses for old buildings and spaces. The latest example of this process can be found at Vault, a new co-working space located at 3000 East New York Street. Located in a former bank building, Vault represents a creative approach to reusing […]