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Putnam and surrounding counties to share in awarded READI grants

17 regions presented gameplans to the Indiana Economic Development Corporation with $500 million in READI funds on the line to help fund and bring investment to attract residents and businesses.

 

On Tuesday, the grants were unveiled, including:

 

180 Alliance – awarded $20 million
Boone, Hendricks, Johnson, Putnam, Montgomery, Morgan

 

Wabash River RDA - awarded $20 million
Clay, Knox, Parke, Sullivan, Vermillion, Vigo

 

The maximum a region could was receive was $50 million.  Five regions received the max including a region of northwestern Indiana and clusters in the Evansville, Fort Wayne, South Bend and New Albany areas.

 

"Our economy is roaring after shaking off the effects of the pandemic, and now is the time to really put our foot on the gas and help our communities grow. As a member of the House Ways and Means Committee that crafts the state's biennial budget, I supported the funding for the READI program, and I'm impressed by the number of communities that have come together to invest in our state. The depth of teamwork in these proposals demonstrates that Indiana is preparing for the jobs of tomorrow and the quality of life needed to continue growing," said State Rep. Beau Baird (R-Greencastle).

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