Latest News

Farm 365 project adds 11 jobs

Farm 365 project adds 11 jobs Farm 365, located in the Englewood Village neighborhood, seeks to be a small part of the solution of the food desert problem on the Near East side. It is focused on year round production and year round employment. Growing fresh, flavorful produce, grown by and for the local community, as well as re-purposing buildings, adding value to urban neighborhoods and directly creating 11 jobs. LISC Indianapolis provided a $20,000 facade improvement grant for Farm 365 and a $99,750 project initiation loan to support this project.

Pin Project brings more retail opportunities to Fletcher Place

Pin Project brings more retail opportunities to Fletcher Place Constructed in the 1940s as a 12-lane blowing alley, The Pin is an 11,000 sq. ft. art-deco building in the Fletcher Place neighborhood, located in the Southeast Side quality of life neighborhood. The Pin redevelopment was credit enhanced using money from State Farm Insurance. The target tenant market includes technology and energy companies, which is a growing sector in Indianapolis. Interested in more details? Email Aaron Laramore, LISC Senior Program Manager.

Indy Rezone and Its Impact on Urban Redevelopment

Thanks to all who attended this week’s FOstering Commercial Urban Strategies (FOCUS) Lunch and Learn hosted by “Indy Rezone and Its Impact on Urban Redevelopment” with Tammara Tracy from Department of Metropolitan Development and Jim Rawlinson City of Indianapolis Department of Code Enforcement.

Work for a great place in a Great Place!

Midtown Indy is hiring a Program and Event Coordinator. The position is focused on fundraising, event coordination, meeting support, communications and marketing. Click here for details and application information.

LISC, State Farm Build on 16-Year Partnership to Expand Economic Opportunity

State Farm and the Local Initiatives Support Corporation (LISC) have announced an expanded effort to build economic opportunity in struggling communities through programs that encourage business development among entrepreneurs and skills development among low-income workers. A new, two-year $4 million State Farm grant will expand LISC Financial Opportunity Centers (FOCs) in under-resourced neighborhoods—helping people improve their incomes, credit scores and savings through education and long-term financial coaching. At the same time, these efforts will help lift up commercial areas and provide safer and more vibrant places for business owners to set up shop, create jobs and grow local incomes. Click … Continued

Attention Design and Architecture professionals: Grant money available for design assistance for Facade Improvement Program

FOCUS is currently soliciting proposals from design or architecture professionals to provide design assistance to building-owners undertaking improvements partially funded through the Façade Improvement Program. Please submit electronically. Final selection and notification of the applicants will take place by the end of January. LISC will enter into a contract with the Design Consultant from February 1, 2016 through April 30, 2017. Please click here to download the application form. To be considered, responses to this RFP must be received by LISC electronically by 5:30 pm on February 15, 2016. Please send all submissions and refer questions to: Nicholas Johnson Local … Continued

3D Parts Manufacturing Secures $5000 with Kiva Kip Loan

Congratulations to Kim of Indianapolis’ 3D Parts Manufacturing, LLC for raising 100 percent of his Kiva Zip loan. Seventy-two lenders helped Kim reach his $5,000 loan goal. 3D Parts Manufacturing was started in 2003 and is an additive manufacturing facility in downtown Indianapolis that uses 3D printing technology to produce parts for everything from jet engines, to medical devices, to masters for molds. It is currently the largest operator of 3D printing equipment in Indianapolis. Kiva Zip loans allow everyday people to support small businesses with 0% interest loans that enable them to access the capital they need to grow … Continued

Indy Brownfield Accelerator Program

Indianapolis LISC’s Fostering Commercial Urban Strategies (FOCUS), Great Places 2020, and Reconnecting Our Waterways (ROW) created the Indy Brownfield Accelerator Program convening experts and industry leaders to expedite the redevelopment of city brownfields. The project provides technical assistance sessions with the ROW Economic Environmental Resource Panel which includes an attorney, environmental consultant, government brownfield redevelopment representative, and developer with brownfield experience. Those interested in developing a property, but are concerned it may be or is a brownfield, fill out the Indy Brownfield Accelerator RFI. The next Indy Brownfield Accelerator Forum is on Tuesday, July 28th, 2015 from 11:30am – 1:00pm in … Continued

Public Meeting: Mass Ave. Brookside Industrial Corridor

Join fellow neighbors and Riley Area Development Corporation for the 3rd public meeting about the Mass Ave. Brookside Industrial Corridor.  This is an opportunity for residents, concerned citizens, and those with experience in redevelopment to share ideas, ask questions, and give feedback to consultants on issues such as infrastructure, job creation, buffering, crime, community engagement, etc.  The meeting will be held at Spades Park Library on May 13th from 6pm – 7pm. 

Development on Tap: Brownfield Redevelopment

All too often, older industrial and commercial properties in Marion County remain vacant or underutilized due to real or perceived environmental contamination. These properties are known as brownfields and many of these sites represent prime opportunities for redevelopment. An innovative and effective tool for remediating brownfield sites is insurance cost recovery. Insurance cost recovery uses the former insurance policies that were in place when the pollution occurred at a site to pay for the site’s cleanup costs. The insurers have been found liable for such remediation even in cases where the policies were decades old. The Local Initiatives Support Corporation … Continued

Industrial Reuse: Linking Economic Opportunities with Targeted Urban Places

LISC and partners unveiled an economic cluster study that will inform Indianapolis as we begin a more intentional and collaborative approach to revitalizing our legacy industrial districts. The study explores the infrastructure and potential of the industrial landscape in Indianapolis examined alongside the projected growth of the local B2B, technology, and food manufacturing and distribution clusters. The study features the combined knowledge of respected firms in this field: Mass Economics, RW Ventures, Bookman, Capraro Associates and Jones Lang LaSalle. Download the Executive Summary: Linking Regional Economic Clusters with Target Urban Places. For more information, visit our FOCUS page dedicated to Industrial Reuse.    

LISC Indianapolis Invests $280,000 in Local Small Businesses

Grants will be used to revamp small business commercial facades throughout Indianapolis LISC has awarded matching grants to 35 local businesses through its Small Business Façade Improvement Program. This year’s commitments total $280,000 and are helping to leverage over $1.2 million in total building and façade improvements. Doubled support by the City of Indianapolis provided the financial capital for 13 additional awards over last year’s total, strengthening the program’s overall impact. Other sponsors include Chase, State Farm and the Indianapolis Neighborhood Housing Partnership. The Small Business Façade Improvement Program is one of the largest, well-established façade initiatives in the country focusing on small … Continued

Duos Expansion Means New Jobs and More Healthy Food

Duos opens a second kitchen, continues serving healthy meals and engaging community members   This Tuesday, Duos founders Becky and David Hostetter and John Garnier celebrated the grand opening of their second permanent location at The Commonground, a brand new outdoor plaza at Eskenazi Health. Duos Kitchen is redefining gluten-free, vegan and vegetarian cuisine in Indianapolis, sporting a menu of locally grown ingredients infused with international flavors. Duos began in 2010 as a food truck, serving healthy street food and engaging neighbors in urban community. Two years ago, the Hostetters and Garnier opened their flagship restaurant located at 2960 N. … Continued

Visualize FOCUS Impact on Fountain Square

LISC’s FOCUS program has been a key supporter in transforming the Fountain Square neighborhood into a social and cultural destination for the city of Indianapolis. Check out at the great infographic by Visualize Indy on Fountain Square to see a visual impact of long-term, carefully planned community development. Visualize Indy is a community based project dedicated to showcasing the city of Indianapolis and greater Indiana.