Community Development
What is a Capital Stack? How can Capital Stacking help Municipalities Finance Projects?
Large municipal projects often only consider bonding alone or grants and cash as funding sources. While these methods are tried and true, new ways to fund projects are available to innovative municipalities. Today, municipal governments and districts have more options than ever in funding options. Instead of trying to find one large source of funds,…
Read MoreParticipation opportunity: Regional Application for the U.S. DOT EV Charging Station Grant
Region 3-A to apply for federal funds bringing more EV stations to NE Indiana Communities
Read MoreRegion 3A Assists in Securing Grants for Lifesaving Roadway Projects
Ten Indiana communities have received funding through the federal Safe Streets and Roads for All (SS4A) grant to complete new roadway projects aimed at eliminating dangerous intersections and roads. With grant-writing assistance from Region 3A, Huntington County was awarded $200,000. Per the USDOT, the funds will be used “to develop a comprehensive safety action plan.”…
Read MoreEPA Increases 2022 Grant Funding for Brownfields Assessments
Brownfields Assessment Grant programs have always been highly competitive due to limited funding. However, the Environmental Protection Agency has significantly increased the amount of grant funding available for 2022, creating more opportunity for projects. There has never been a better time for communities to apply for brownfields project grant funding. There will be a presentation…
Read MoreRegion 3A Joins the NIIC Community Navigator Project
Region 3-A is pleased to announce our participation in the Northeast Indiana Innovation Center Inc’s (NIIC’s) “Northeast Indiana Adaptive Community Navigator” project. WHAT IS THE COMMUNITY NAVIGATOR PROJECT? The program, established by the American Rescue Plan Act of 2021, will use a community navigator approach to help small businesses, with a focus on those owned…
Read MoreS.3011 Act Aims for Flexibility in ARP Funding
American Rescue Plan project funding is a topic of discussion and uncertainty for many communities across the country. Current guidelines have many projects have been put on hold as communities experience delays due to restrictions and questioning qualifications for funding. Recently, the Senate has unanimously passed the “State, Local, Tribal and Territorial Fiscal Recovery, Infrastructure,…
Read MoreOCRA Announces Indiana Connectivity Program
Indiana Office of Community and Rural Affairs (OCRA) recently announced a new program aiming to help more Hoosiers get access to reliable and quality broadband. The Indiana Connectivity Program will assist qualifying residents and businesses that lack access to broadband internet service with service providers and assist in the expense of extending broadband to those…
Read MoreEDA Announces “Investing in America’s Communities” $3 Billion in Funding Immediately
Secretary of Commerce Gina M. Raimondo recently announced the “Investing in America’s Communities” programs, in which the Economic Development Administration (EDA) will execute to invest the $3 billion it received from The American Rescue Plan. The programs include six individual areas to apply for funding. We anticipate that applications for funding will be highly competitive…
Read MoreAmerican Rescue Plan: NE Indiana Community Impact Meeting
On March 11th, the American Rescue Plan Act, a $1.9 trillion package designed to mitigate the economic effects of COVID-19 was signed. Part of this package is a $350 billion in direct aid to state and local governments. In Indiana, the state will receive $3.2B, and local governments will receive a total of 2.6B. Unlike…
Read More2021 Opportunities for Northeast Indiana Community Planning
The start of a new year means that many communities are examining and prioritizing areas for improvement and expansion. While further information on COVID-19 related programs and funding is largely pending at this time, we would like to remind communities of the ongoing opportunities available and how we can assist. Economic Development Administration Grants are…
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