IEDC ‘on track’ to close out first edition of community grants; start awarding new round

Leaders say the state's $1 billion economic development grant program is on schedule, including arts and blight help initiatives.

By: Leslie Bonilla Muñiz

Outlets: Indiana Capital Chronicle

Published: June 18, 2026

Words: 418

Last Updated: 1 month ago

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Indiana Economic Development Corp. leaders say the state’s $1 billion economic development grant program is right on schedule, including two initiatives tackling blight and benefiting the arts.

The first round of the Regional Economic Acceleration and Development Initiative is “coming to a close this year,” said Jim Rawlinson, IEDC’s vice president of regional development, during a Wednesday board committee meeting.

READI 1.0, begun in 2021, is funding 421 projects around the state with federal pandemic …

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