Regional Development Authority

READI 2.0

On April 11, 2024, the Indiana Economic Development Corporation awarded $45 million to Northeast Indiana through the READI 2.0 Program.

How to Apply

Throughout April and May, the RDA team will collaborate closely with the IEDC to refine the programs and strategies within the region’s investment strategy. We expect to begin investing in growth-minded projects as early as the summer of 2024. Any prospective project owner interested in being considered for funding is invited to submit a project concept through the region’s Regional Initiatives project intake form.

Submit your project here!

READI 2.0 Timeline

 

A timeline of the READI 2.0 program.

 

Meet the Board

The RDA is overseen by a five-member board that serves a four-year term. Appointed by their respective counties and municipalities, our board members are committed to improving Northeast Indiana by investing in regionally significant projects that support the growth of Northeast Indiana.

Regional Development Authority

The Northeast Indiana RDA was formed to attract and invest funds into catalytic regional projects aimed at talent attraction and retention and improved quality of life.

Since its establishment in 2016, the RDA has attracted and invested $92 million into various projects across the entire 11-county region, which has resulted in more than three quarters of a billion dollars of total investment in the region.

READI 1.0 Projects
Project County RDA Total
MERIT Center Adams $285,000.00  $1,060,972.98
Adams County EDC Adams $290,000.00  $700,024.00
Crossroads Multifamily Allen $508,398.00  $5,108,000.00
Riverfront Phase II Allen $6,000,000.00  $94,884,300.00
Village Premier Ph I Allen $6,000,000.00  $64,263,201.00
Trine Fort Wayne – College of Health Allen  $4,000,000.00  $45,552,262.00
Lofts at Headwaters Allen $5,000,000.00  $87,157,218.00
Arts Campus Fort Wayne Allen  $6,000,000.00  $42,308,373.00
Invest DeKalb: Live/Work DeKalb $1,500,000.00  $20,468,910.00
Rivergreen Apartments Huntington $249,000.00  $6,100,921.00
Little River Lofts Huntington $2,700,000.00  $11,493,572.00
Gatke Warehouse & Lofts Kosciusko $1,250,000.00  $17,953,345.00
Topeka Workforce Housing LaGrange $3,009,916.00  $28,135,356.00
Industry 4.0 / iSmart Lab Noble $198,450.00  $2,371,694.00
Avilla Housing Development Noble $759,552.50  $3,508,307.79
Gateway West Regional $3,000,000.00  $62,428,640.00
Cameron Hospital Healthcare Steuben $1,500,000.00  $7,500,000.00
Legacy Heights Wabash $2,440,280.00  $14,338,010.00
Ossian Housing Wells $3,000,000.00  $17,662,996.00
So. Wells Early Learning Wells $59,400.00  $297,000.00
Churubusco Civic Center Whitley $500,000.00  $3,000,000.00
 $48,249,996.50  $536,293,102.77

 

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