Evansville, IN – According to the state officials, the grant to the Indiana Economic Development Corporation, which is the single largest award given in Lilly Endowment’s 86-year history, will be administered in conjunction with the nationally recognized Regional Economic Acceleration and Development Initiative.
The funds will help accelerate the state’s support for rehabilitating deteriorated or abandoned properties and strengthening varied arts and culture initiatives.
The goal is to foster more vibrant and livable communities across Indiana for generations to come.
Lilly Endowment’s grant will add to and complement READI 2.0 support for capital projects, such as infrastructure and new construction with a focus on blight reduction and redevelopment, and arts and culture initiatives.