West Central Indiana – The Wabash River Regional Development Authority (RDA) publicly voted on and announced the regional projects that are awarded READI dollars. Twenty-four projects spanning across Clay, Knox, Parke, Sullivan, Vermillion, and Vigo Counties received funds totaling $20 million dollars from the Indiana Economic Development Corporation (IEDC). Each project collectively works to advance the region’s quality of life and talent attraction and retention efforts. The Wabash River RDA has been working closing with the IEDC on funding roll-out since receiving the funds in December 2021.
The IEDC’s READI program is a matching grant program in which regions we’re required to submit projects with matching dollars behind them. Projects with private investments were essential in furthering the region’s proposal. The list below identifies the match required by the IEDC for each category of project.
“This is a historic day for West Central Indiana,” said Greg Goode, President of the Wabash River RDA. “Over the last 7 years, our region has been working to find opportunities to best position us for the future. These projects, and this $20 million, reflect our regional synergy and momentum, and each of these projects help advance West Central Indiana.”
The projects awarded are as follows:
Over the next two years, the Wabash River RDA, alongside the IEDC, will work alongside project stakeholders on project timelines and updates. When the RDA submitted the READI proposal in the fall of 2021, over 40 projects were included in the funding ask. The RDA remains committed to all the projects submitted within the proposal, understanding that more work will be done as a region to bring them all to fruition.
“We recognize that we have more work to do,” continued Goode. “Each of the projects in our READI proposal were included because they were and remain a priority. The RDA is devoted to finding resources, funding, and additional opportunities to assist as best we can.”
For more information about the RDA, and to follow project updates, visit us on Facebook.