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Bayh Announces $9.5 Million for Community Development in Indiana


Funding will improve neighborhoods, create jobs in struggling communities

Washington, DC – July 17, 2009 – (RealEstateRama) — Senator Evan Bayh today announced that Indiana will receive more than $9.5 million in grants from the U.S. Department of Housing and Urban Development (HUD) to revitalize communities and help create jobs for Hoosiers. The funds have been allocated through the American Recovery and Reinvestment Act of 2009.

“Communities that were already struggling before the economic downturn face significant challenges to recovery,” Senator Bayh said. “These grants will improve neighborhoods’ long-term viability by sparking development, retaining businesses and creating jobs, while providing affordable housing options to Hoosiers in need.”

The funds will be distributed to local governments as part of the Community Development Block Grant (CDBG) program. The grants will support community development priorities, such as rehabilitating affordable housing, improving public facilities, and creating economic opportunities for low- to moderate-income Hoosiers.

A full list of the funding for Indiana is below.

City or County Amount
Anderson $251,845
Columbus $78,921
East Chicago $365,575
Elkhart $197,918
Evansville $795,964
Forth Wayne $571,495
Gary $980,167
Goshen $74,612
Hamilton County $165,013
Hammond $619,891
Indianapolis $2,575,447
Kokomo $265,707
La Porte $132,958
Lafayette $175,480
Lake County $360,114
Michigan City $193,547
Mishawaka $147,277
New Albany $195,513
South Bend $750,873
Terre Haute $496,921
West Lafayette $117,571
Total $9,512,809

Indiana RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Indiana Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Indiana.


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