READI Grant Funding – For the Record

What are the risks  to the taxpayers?

readi iedc

Oct 13, 2021.  Completed Plan – Indiana Uplands READI Development Plan: “A Region on the Rise”   

Due: July 30, 2021.  Indiana Uplands READI Plan: Call for Projects and Programs

July 13, 2021READI group meeting weekly to discuss possible grant-funded projects By  

An informal steering committee is now meeting every Thursday at noon to discuss which local projects might be put into an application for up to $50 million in grant funding.

The grant opportunity is called READI, and Brown County has committed to try for it with the 11-county Indiana Uplands region.

The local steering committee has been asked to come up with a list of approximately five projects to contribute to the Indiana Uplands’ grant application. Whether or not those projects will actually make it into the application remains to be seen, as the 10 other counties in the region also will be contributing ideas.

  

July 6, 2021. The Indiana Uplands is READI to Go Posted on 

  • On July 1, ROI notified the Indiana Economic Development Corporation of its intent to seek funding, alongside its partner organizations, through READI on behalf of the Indiana Uplands region, comprised of Brown, Crawford, Daviess, Dubois, Greene, Lawrence, Martin, Monroe, Orange, Owen, and Washington counties.

July 6, 2021. Commissioners OK resolution for READI opportunity By  

  • It is not clear what would be required of Brown County financially in the future or how Brown County would benefit from applying for READI with Indiana Uplands, as no grant application or project plan has been written yet.
 

June 28, 2021. The Brown County Commissioners will have a special meeting at 2 p.m. Monday, June 28 at the County Office Building to discuss a resolution of commitment to the READI grant initiative.

June 25, 2021. BCD. Brown County likely to join region for try at grant funding By  –

June 16, 2021. BCD.   Groups to vie for up to $50M in READI funding  Sara Clifford –

 

  •  Up to $50 million in grants is becoming available to regions of Indiana to build their future economies, workforces and populations. Next week, a broad…

Indiana Economic Development Corp (IEDC), Regional Economic Acceleration &  Development Initiative (READI) READI-Informational-Revised-June7 (1)

  • Objective: Accelerate Indiana’s population growth through increased domestic and international migration by supporting the implementation of regional economic development strategies focused on making Indiana cities and towns magnets for talent. To achieve this objective, the state will invest in financial partnerships with regions across the state that demonstrate the potential to attract people and accelerate the state’s economic growth.

Regional  Development

  • Invest in quality of place and talent initiatives included in regional development plans
    ► Award funding for projects in each region that are included in a region’s plan.
    ► IEDC will expect its $500 million investment to be matched by the private sector and local community.
    At least 80% of the investment must come from private or local sources.
    • Not more than 20% of the investment in the plan can originate from state funds.
    • A majority of the investment in the plan should come from private sources.
Stellar – Another Grant Opportunity requiring taxpayer funding?

June 18, 2019. BCD. Another shot at Stellar? Town, county starting to talk about funding opportunity By  –

  •  Nashville-Brown County unsuccessfully tried for a Stellar Communities designation from the state in 2014.
  • At the time, being named “Stellar” would have given the town and county access to a pool of millions of dollars in funding for projects for about a five-year period, supplemented by local money. Only Stellar Communities designees can apply for that pool of state and federal funding.
  • On the day in July 2014 when the local Stellar committee made its pitch to the state Stellar selection committee, protesters holding signs which read “No Stellar — Not This Year” were visible at nearly every project site and some also spoke during the presentation.

May 23, 2020.  Town redevelopment discusses TIF, Stellar, Creekside By Abigail Youmans

  • The Nashville Redevelopment Commission discussed ongoing projects such as TIF, Stellar and a potential property within town limits in a virtual meeting on Tuesday, May 12. 

May 4, 2017. What are best bets for future of local economy? by   

  • Brown County’s greatest potential for economic growth is as a bedroom community, according to economists with the Center for Business and Economic Research at Ball State University.

    But local leaders had a different viewpoint; they perceived recreation as the area with the biggest potential, and to them, housing ranked No. 3.

  • According to the state and federal data the Ball State researchers studied, retail is the least promising sector among the five studied. Nos. 2, 3 and 4 are recreation, wholesale and production, in that order, the data said.

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