Category: News

Feast of Lanterns 2021

Feast of Lanterns Makes a Triumphant Return

This past Saturday, August 28th, marked the return of the near eastside festival, Feast of Lanterns. The Feast of Lanterns has storied roots on the eastside, being thrown intermittently since the late 19th century. What once was a late summer event marked by neighbors placing lanterns on their porches has evolved over the past century

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Introducing the 2021-2022 VISTA Cohort

Now that our VISTAs have had some time to settle into their respective positions, we felt it was time to introduce you all to our current cohort. These VISTAs will serve a one year term, which started in June. Housed in the John Boner Neighborhood Center, the Promise Zone VISTAs target their efforts towards poverty

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Person in mask in front of stomping ground sign

Welcoming Stomping Ground to the Neighborhood

“The plan for Stomping Ground has been in the works for nearly 6 years,” says Owner and longtime Near Eastside resident Martha Latta, who recently opened her retail shop and screen-printing studio in the Windsor Park neighborhood. “I work here, I live here, my daughter goes to school here. I feel so fortunate,” says Latta.

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Taco

Local Partners Thankful for a Successful First #NearEastEats

In response to the devastating economic effects of the 2020 COVID-19 pandemic, Near East Area Renewal (NEAR), with support of the IndyEast Promise Zone, initiated an interactive campaign from November 9th to the 22nd to increase traffic for food and beverage establishments in the Near Eastside. Event participants were instructed to purchase a meal from

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ReNew Indianapolis logo

Renew Indianapolis’ Build Fund Continues Momentum in the Promise Zone and Beyond

The Build Fund recently received an $800,000 grant from the U.S. Department of Health and Human Services’ (HHS) Office of Community Services (OCS) that will address community barriers and improve revitalization efforts by providing technical assistance and loans to businesses in the Promise Zone and surrounding Opportunity Zones. A significant portion of the funds are

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Near East Eats

Eat, Post, Win: Support Local Businesses

Restaurant traffic has dramatically declined in the United States due to the COVID-19 pandemic, causing devastating economic effects across the nation. Restaurants and bars reported losing 48.1% of jobs from February to April, and according to a survey by the Indiana Restaurant and Lodging Association, more than 4 out of 10 restaurant operators in Indiana say, “it is unlikely they will be in business

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BOI REDi flyer

U.S. Small Business Administration Continues Support of BOI’s REDi Program with PRIME Grant

Business Ownership Initiative (BOI) received $200,000 from the U.S. Small Business Administration (SBA) Program for Investment in Micro-entrepreneurs (PRIME), supporting their Re-Entry Entrepreneurship Development Initiative (REDi). PRIME grants support economic development by providing technical assistance to organizations that encourage training and education to build, expand, and sustain small businesses with special emphasis placed on organizations that assist

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photo courtesy of Twin Aire Neighborhood Coalition

U.S. EDA Supports Accelerator Project Development in Twin Aire

Southeast Neighborhood Development (SEND) received $45,000 from the U.S. Economic Development Administration (EDA) to conduct a small business incubator and accelerator feasibility study at the previous Citizens Energy Coke Plant, a 140-acre parcel in the Twin Aire Neighborhood Corporation (TANC) and within the IndyEast Promise Zone. The new Community Justice Campus in development is also located

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National Coalition of Promise Zones Graphic

National Coalition of Promise Zones Partners with Federal Agencies in Response to COVID-19 Crisis

National Coalition of Promise Zones, in partnership with the U.S. Department of Housing and Urban Development (HUD) Community Liaisons, hosted the first annual National Coalition of Promise Zones 2020 Federal Convening, a virtual series of 16 presentations from federal agencies, change agents, and community leaders across the United States sharing resources and best practices on

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Woman wearing a face mask

COVID-19 Business Resource Guide

COVID-19 Small Business Resource guide Below is a resource guide created by the Indy East Promise Zone. It is a compilation of resources on the following topics: Managing cash flow and diversifying revenue Marketing during COVID-19 Supporting employees New policies that affect your business and opening back up COVID-19 loans and grants Additional resources 1.

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