For the first round of the Regional Economic Acceleration and Development Initiative, the state set a goal of leveraging public dollars into at least $2 billion of local government, private and philanthropic investment.
Representing just one of Indiana’s regional development authorities, Our Southern Indiana touts that its $50 million in grant funds will spur more than $3.5 billion of investment in Clark, Floyd, Washington, Scott and Jefferson counties.
As RDAs across the state prepare to submit applications for READI 2.0, officials are confident that the impact of the grants will have generational effects on Indiana communities.
“We’re thrilled,” said Cory Cochran, executive director of River Hills…