The City of Indianapolis was awarded $55 million in New Market Tax Credits by the US Treasury Department, a portion of which was applied to the Indy East Promise Zone to incentivize large-scale ($5M and above) capital projects that will provide new jobs in the zone, namely at the P.R. Mallory building, Sherman Park, and along the Mass Ave. and Brookside Industrial Corridors.
Arts Projects
Funding from the National Endowment for the Arts will support the Harrison Center’s artist residency program and community offerings. The Harrison Center offers residencies that
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Community Economic Development Projects
The John H. Boner Community Center, Inc. will use $800,000 in CED funds to support the renovation of their community center building that will create
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Promise Neighborhood
The IndyEast Promise Neighborhood is both a place and a strategy led by John Boner Neighborhood Center and Edna Martin Christian Center. The IndyEast Promise Neighborhood
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Community Economic Development Program
RecycleForce will use $800,000 in CED funds to expand its electronics recycling business in Indianapolis, Marion County, Indiana. CED funds will be used as short-term
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