Category: Indy East Promises

Parker Place Apartment Development

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

Read More »
Wheeler mission women's center building

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

Read More »
woman shopping

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! Current small business trends, according to, suggest a shift of focus towards social media and the internet. But these small businesses still need your support in a more physical form. Wondering

Read More »
People in hard hats

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

Read More »
RUCKUS Makerspace Building

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

Read More »
People gathered for commuity meeting

Promise Zone Bus Tour Promotes Redevelopment of Industrial Sites

On Friday, September 13th, a group of nearly 50 community partners and developers took a bus tour of the Promise Zone, stopping at many former industrial sites. The tour was used to highlight the development opportunities offered by the abundance of sites in the Promise Zone that once housed industrial operations. The tour stopped at

Read More »