Renew Indianapolis merging with King Park Development Corp.
Beginning in January, the community development organizations will operate as one, with a joint 15-member board of directors and a four-person executive leadership team.
Community development
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2019 Carroll Award winner: Mark Miles’ eclectic career has centered on big events
Ask Miles about his wide-ranging resume, and he compares it to Forrest Gump’s.
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Black leaders say it’s time to formulate black agenda
A broad coalition of faith-based groups, black elected officials and civic leaders are turning to this year’s mayoral race as an avenue for bold discussions about racial problems.
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One of Carmel’s oldest neighborhoods fighting to stave off redevelopment
Homeowners in Johnson Addition, which was built in the late 1950s and early 1960s, say their neighborhood is charming and one of the few affordable neighborhoods left near Carmel’s downtown—and they want it to stay that way.
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Should this building be saved?
Historic preservationists and midtown neighborhood leaders don’t want to lose the Drake apartment building that its owner, The Children’s Museum of Indianapolis, plans to raze.
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Articles
New neighborhood investment fund targets areas around 16 Tech Innovation District
The 16 Tech Community Investment Fund is seeded with $3 million and plans to issue up to $1 million in grants in 2020.
Cities seek state authority to join forces on taxes, projects
Central Indiana elected officials want to create a formal organization that could combine regional resources to pursue transformational projects.
Chase donates former branch, $500,000 to community organizations
The former bank branch, which closed in late 2016, will reopen as a co-working space called Vault.
North-side community development group searching for new CEO
Top executive Leigh Riley Evans plans to leave Mapleton Fall Creek Development Corp. later this fall after helping shepherd a $60 million project.
Long-delayed, $60M project in Mapleton-Fall Creek back on track
The neighborhood’s community development corporation has recast its vision for the expansive [email protected] project and hopes to begin construction of its first phase of apartments next summer.
Q&A with Chad Halstead, an Opportunity Zone adviser
For the past 12 years, Chad Halstead, 39, has helped land government incentives for some of the area’s biggest real estate developments.
Could land trusts keep housing affordable, avoid gentrification?
In a quest to create permanently affordable housing, about 25 Indianapolis community groups and development corporations have formed the Community Land Trust Coalition.
City’s poor often have few affordable options for banking, other financial services
Banking is more expensive for the people who most need it to be affordable, a reality that experts say plays a significant role in preventing many Hoosiers from snapping the cycle of poverty.
East 10th Street pursues status as arts district; some neighbors brace for change
A new, $4.3 million Lilly Endowment grant is poised to spark the transformation of a one-mile stretch of East 10th Street into a hotbed for the arts.
Bates-Hendricks working to attract, shape commercial development
Now that Bates-Hendricks has emerged as one of the city’s housing hot spots, its neighborhood association is focusing on the commercial boom residents believe will follow.
Born into similar finances, black and white children earn differing incomes as adults
White adults in Indianapolis on average outearn black adults whether both groups were born to poor, middle class or wealthy parents.
CICF to tackle stench of racism
The foundation is undergoing a transformation aimed at narrowing the growing gulf between the community’s affluent and poor.
Struggling neighborhoods want their ‘own renaissance’
The tension between a desire for investment and an inherent distrust of it is occurring across disadvantaged Indianapolis neighborhoods.
New tax break may bolster neglected neighborhoods
Neglected neighborhoods in Indianapolis that have been targeted for development will soon have another way to attract investors.
LISC facade grants aim to boost small businesses through beautification efforts
The program has awarded more than $3.1 million to Marion County businesses since 2004—which has leveraged more than $10.6 million in property owners’ investment.
1 in 5 Indianapolis residents lives in poverty. And many areas are getting worse.
Median household incomes have dropped in a full third of Indianapolis ZIP codes since 2000. Inequality is growing across the city.
Critics say downtown development group should go
The Hogsett administration and City-County Council are weighing whether to kill a little-known organization that has quietly worked for two decades on the key downtown redevelopments.
Neighbors raising money to aid potential buyer of Saddlebrook Golf Course
The public course, an anchor for the neighborhood bounding West 56th Street in Pike Township, closed in late 2015 after the previous owner defaulted on a $2.4 million bank loan.
Safety, revenue motivate desires for more streetlights
Joe Hogsett said more streetlights, for safer streets, would be one of his first priorities as mayor. Nearly four months after taking office, the administration is still in discussions with Indianapolis Power & Light Co.