FORT WAYNE, IN - Projects in Steuben County and Dekalb County are among those who will receive part the 15 million dollars in funding from the Regional Economic Acceleration and Development Initiative (READI) grants.
The Northeast Indiana Regional Development Authority this week announced $15 million in READI grants for a total of five projects in the area. The funding will support efforts such as an arts campus in downtown Fort Wayne, housing projects in Allen and DeKalb counties, and an education and innovation center in Steuben County.
Northeast Indiana was one of five regions to receive the full $50 million allocation from the $500 million initiative last December.
DeKalb County will receive 1,500,000 for a housing project that is two fold. Fortify Home LLC, will renovate a motel and create 28 units of emergency housing. Seven 15 Properties LLC, will create 100 housing units, 50 micro commercial suites, and establish a live-work concept.
The Cameron Education and Innovation Center, a development project in Steuben County that will build a center for health science programming in partnership with Trine University, is receiving $1,500,000.
$4 million dollars is being awarded for the construction of Trine’s healthcare facility in Allen County’s city of Fort Wayne, which will include a simulated patient care center and provide numerous degree programs.
The grant awards were announced just over three months after $18 million in READI funding was approved for six other northeast Indiana projects.
Seventeen regions representing all 92 Indiana counties received a portion of the $500 million dedicated to the READI project.
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