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Jan. 17: Flanner House Job Fair Jan. 18: Love Thy Neighborhood Award Submission Deadline at 11:59 PM Jan. 29: Prosperity Indiana 2019 Summit & Statehouse Day Feb. 5: Near Eastside Neighborhood Summit April 29: IHCDA Bridges Out of Poverty Workshop

Implementation Strategy for Great Places 2018-2020

The Great Places Steering Committee has led an outreach effort with funders, potential funders, and citywide/neighborhood implementation partners to develop key strategies and an implementation action plan to attract the funding and partnerships that will be needed to overcome key shared obstacles to making the Great Places plans a reality. We launched this new phase in December 2018 and we are moving rapidly into implementation of the collective work plan. Click here for up-to-date news on what is happening in the Great Places neighborhoods!

Mustang Ranch Undergoing Transformation Into Automotive Training Center 

Neighborhood development partners borrowed $55,000 from LISC Indianapolis to assist in acquiring the Mustang Ranch auto manufacturing facility, located at 3017 Doctor M.L.K. Jr St, and institute a training program initiative in the automotive technology field.

Funding Secured for KIPP Indy Legacy High School

LISC Indianapolis recently closed a $1.98M loan to KIPP Indy Legacy High School, 2255 Ralston Ave for charter school construction with plans to open and serve 125 students in 2020, with hopes to grow to 450 students by 2024. This school is a collaboration with Edna Martin Christian Center.

CICC is Largest Loan in LISC Indianapolis History

In December LISC Indianapolis closed on $4.1 M in construction financing to Teagan Development to renovate the Circle City Industrial Complex. This is the largest loan in Indianapolis LISC history and will transform the currently vacant southern portion of the building into multi-tenant commercial space with new retail, restaurant, and office space, and a one of a kind public “Maker’s Trail” through the building. Read more about this project in the Indianapolis Business Journal article here. 

Consortium Created to Link Investors with Opportunities

In November 2018,  LISC Indianapolis and numerous community partners launched the Opportunity Investment Consortium of Indiana, a program designed to accelerate the implementation of Opportunity Funds in Indiana, with a deal portal that matches investors to deals in Opportunity Zones while also matching deals to investment. Several opportunities have been submitted to the portal since the launch including mixed-use, multi-family, a hotel, brownfield redevelopment and more. The Consortium is attracting national recognition, check out this article in Affordable Housing Finance magazine. Want to get involved? Here are two opportunities: Join Prosperity Indiana for a half-day workshop following the 2019 Prosperity Indiana Summit to learn about how Opportunity Zones … Continued

Grain Selected as Tobias Leadership Fellow

LISC Indianapolis Executive Director, Tedd Grain, has been selected as a Tobias Leadership Fellow of the Randall L. Tobias Leadership Center in 2019. This year-long leadership program selects 15-20 fellows in Indiana and features experts from around the country who specialize in cutting-edge leadership principles and practices along with providing each Fellow with a professional coach who has a PhD in organizational and industrial psychology.

Inclusive Innovation Fellow Named

LISC Indianapolis is co-chairing with Central Indiana Community Foundation, the launch of an ongoing Inclusive Growth effort connected to Forward Cities, a national network focused on fostering inclusive innovation in partnering cities. This will create an ongoing forum for fostering Inclusive Growth in Indianapolis. Forward Cities has hired Kaliah Ligon as the two year Forward Cities Inclusive Innovation Fellow. Kaliah has served the Indianapolis community for the past ten years in several roles in grant-making, community building, outreach and organizing.

2019 Love Thy Neighborhood Awards Submission Deadline This Friday

We are currently soliciting nominations in all four award categories for the 2019 Love Thy Neighborhood Awards. An organization, individual, initiative or project can be nominated by a community member or they can self-apply. Three Nominees/Applicants will be selected as finalists in each category by a selection committee comprised of community development stakeholders. Nomination Deadline: Jan. 18, 2019 at 11:59 pm. Three finalists will be selected in each of four categories and announced prior to the event. The winner in each category will be announced on April 18, 2019. In addition, a People’s Choice Award will be given, determined by voting of attendees at … Continued

LISC Closes $4.1M Financing on the Circle City Industrial Complex:

We are delighted to announce on behalf of LISC Indianapolis the closing of $4.1M in construction financing for the Circle City Industrial Complex (CCIC). Constructed in the 1920s, the 539,000 sq. ft. CCIC was the original home to the Schwitzer Corporation, a major auto industry force during the post-World War I era. It is the cornerstone of the Mass Ave/Brookside Industrial Corridor, a hub for business and cultural activity on Indianapolis’ near Eastside and is the visually dominant gateway into the Near Eastside, a LISC Quality of Life neighborhood. LISC financing will be deployed to complete the shell, facade and … Continued

LISC lends $2M in financing for the new KIPP Legacy High School

We are delighted to congratulate KIPP Indy Public Schools and Edna Martin Christian Center on the closing with LISC of $2M in financing for the new KIPP Legacy High School located in the Martindale Brightwood neighborhood. The $11.265M project is an expansion of KIPP Indy and is a part of EMCC’s $4.3M redevelopment of it’s new 6.8 acre Leadership and Legacy Campus. At full enrollment, the new school will serve 451 students.   Local Initiatives Support Corporation (LISC) is partnering in this financing with Civic Builders Inc., manager of the Facilities Investment Fund, a new $100 million lending entity, funded … Continued

LISC Hiring Deputy Director, Assistant Program Officer

With residents and partners, LISC forges resilient and inclusive communities of opportunity  across America – great places to live, work, visit, do business and raise families. LISC Indianapolis is currently hiring for two positions: Deputy Director The Deputy Director is responsible for the day-to-day management of Indianapolis LISC’s programs and capacity building. The Deputy Director will work closely with the Executive Director to support a robust and growing LISC office in a competitive market. Deputy Director Full Description Assistant Program Officer – Social Determinants of Health The Assistant Program Officer –Social Determinants of Health will report to the Executive  Director or … Continued

Opportunity Investment Consortium of Indiana Launches to Support  Projects in Newly-Named Opportunity Zones 

INDIANAPOLIS, November 16, 2018 – Today, the Opportunity Investment Consortium of Indiana officially launched in efforts to intentionally champion the transformation of Opportunity Zone neighborhoods into vibrant places for residents and businesses.  The Consortium has just released an online portal to aid in matching projects in need of funding in these specified census tracts to potential investors. This morning in Indianapolis, more than 100 community partners and potential investors will gather to hear from expert panelists to learn how they can become more involved in this effort.  In April, Governor Holcomb nominated 156 Indiana census tracts to become Opportunity Zones. Civic leaders took immediate action, coalescing to launch the first statewide consortium … Continued

Indianapolis Inclusive Innovation Fellow 

To help member cities accelerate inclusive economic development in its communities, Forward Cities strives to place a dedicated, full-time “Inclusive Innovation Fellow” in Indianapolis for two years of service. This project is being hosted in partnership with LISC and the Central Indiana Community Foundation. The Fellow will serve as the central project manager for the “Forward Cities Community Innovation Accelerator” – a structured strategic planning, investment, and implementation process. Click here for more information.

To Make Real Change, Sometimes You Have to Make a RUCKUS

In honor of Hispanic Heritage Month, we are sharing the story of Consuelo Poland, founder of the The Latinas Welding Guild and director of Ruckus, a flourishing makerspace in the North Mass Avenue industrial corridor of Indianapolis, where we have been supporting the growth of a new and inclusive entrepreneurial ecosystem. Poland is dedicated to connecting Indy’s residents, Latina and otherwise, to satisfying work in creative, hands-on and entrepreneurial jobs, and building a supportive community for small businesses and makers in the process. Check out the full story!