READI Funds Leveraged to Address Housing Shortage in Southern Indiana

11 Oct 2024


News

The Indiana Economic Development Corporation joined local and regional officials in Tell City today to break ground on Hoosier Heights, a new single family residential subdivision being supported by matching funds from Indiana’s Regional Economic Acceleration and Development Initiative (READI).

Governor Eric J. Holcomb established the $1.25 billion READI program in 2021, and it has since been nationally recognized for its success. READI 1.0 was established with an initial $500 million in partnership with the Indiana General Assembly and is bringing vibrancy to regions across the state to accelerate shovel-ready projects and programs that will transform Hoosier communities, attract talent and improve quality of life. 

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