Latest News

Oxford Place Senior Apartments, Oxford Flats Will Provide Additional Housing Options

The first phase of the Oxford Place development is Oxford Place Senior Apartments, a 32-unit building on the former Crown Laundry site. An aggregate pier foundation was installed in late November, and concrete footers are currently being poured, so the footprint of the entire building is now visible on the site. Construction will continue through the winter, and anticipated to be complete by fall 2016. This projected is being developed by Englewood Community Development Corporation and The Whitsett Group. Oxford Flats, a 15-unit building on the first block of N. Oxford, is still with the architects for finalized construction drawings, … Continued

Museums and Libraries Step-Up Efforts to Tackle Economic Distress in Poor Communities, Says New Report from IMLS and LISC

A new national report finds that many museums and libraries are leveraging their prominent local positions to help rebuild troubled neighborhoods, driving economic, educational and social efforts that help raise standards of living. Museums, Libraries, and Comprehensive Initiatives: A First Look at Emerging Experience, is part of a collaborative research effort by the Institute of Museum and Library Services and the Local Initiatives Support Corporation (LISC) examining the ways that museums and libraries are helping fuel successful comprehensive community revitalization efforts and offer best practices for other institutions to follow. Last week, the findings were used to launch a discussion … 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

Arts Council Fellow to Focus Efforts in Great Places 2020 Near West Neighborhood

The Arts Council of Indianapolis recently announced the first two recipients of the $100,000 Transformational Impact Fellowships. One of the recipients, Bryan Fonseca, will focus his work In the Near West neighborhoods of Haughville, Hawthorn, Stringtown and We Care. Currently, the area is devoid of any resident artistic company, performance space or museum or gallery. For his two-year fellowship, Fonseca will form a bilingual team to create a Mobile Cultural Center for creating and presenting theatre, dance and visual arts programs in these communities. In doing so, Fonseca will use the arts as a way to affect social change through civic … Continued

City Celebrates Dedication of Central State Greens NFL Field

Central State Greens, a redevelopment project encompassing over 9 acres at the heart of the former Central State Hospital site, is made possible by a unique partnership between LISC Indianapolis, the City of Indianapolis, and Reverie Estates. Central State Hospital, created in 1827, once cared for nearly 3,000 patients on its 140 acre grounds. Funding cuts led to the hospital’s closure in 1994 and the site has been vacant and in deteriorating condition ever since. Its revitalization has been a centerpiece of the Near West neighborhood Quality of Life plan.   The development connects the Near West neighborhood and residents with students at IUPUI, an … Continued

Southside Indy Begins Quality of Life Process

LISC, INHP, Fifth Third Bank, the City of Indianapolis and University of Indianapolis have partnered to bring a quality of life plan to the south side of the city. The focus area is bound by 1-65 and I-465 and Raymond and Meridian streets. Revitalization efforts will seek to decrease high rates of unemployment and poverty, reduce the amount of abandoned and vacant homes and storefronts, and spur community development and neighborhood engagement. Fifth Third Bank has pledged a $100,000 Strengthening Our Communities grant and LISC and UIndy have committed to raise $70,000 to support an intense study and launch the … Continued

Great Places 2020 Launches Successfully

On Friday, November 21, 2014 over 300 community leaders and neighbors gathered at Kinney Group Headquarters on the Near West side to officially launch the Great Places 2020 initiative. Great Places 2020 is a visionary community development project transforming strategic places in six Marion County neighborhoods into dynamic centers of culture, commerce and community, preparing Indianapolis for unprecedented success as we enter 2020. Each Great Place will be transformed through partnership, development and investment in: Livability, Opportunity, Vitality and Education. Key partners have emerged that will contribute to the success of Great Places 2020, including  Buckingham Foundation, the Indiana Housing … Continued

LISC, the Colts and the NFL Foundation Partner to Create New Public Football Field

Indianapolis Parks Foundation (IPF) is the recipient of a $200,000 grant through Indianapolis LISC, the Colts and the NFL Foundation Grassroots Program, a partnership between National LISC and the NFL Foundation. The grant is part of a total of $2.5 million slated by city officials to refurbish public fields this year. The City of Indianapolis and IPF designated $1.5 million in funding to build a public athletic field at Historic Central Greens. The former hospital site will feature over $52 million in current and planned development, including the new Christel House Academy Charter School, student housing, apartments, office space, a … Continued

$30 Million Deal will bring New Gateway to Near Westwide

A collaborative effort creates a new corridor for Near West neighborhoods In a three-way partnership between Lilly Endowment, the City of Indianapolis and Indiana University Purdue University Indianapolis (IUPUI), the Near Westside will be better connected to the university and Downtown. Michigan and New York streets will be transformed into two-way thoroughfares through IUPUI’s campus and across the river into Haughville, Stringtown and Hawthorne. The City will invest $10 million to pay for road construction on and around campus, using funds from the Downtown tax increment financing (TIF) district. Opening up the Near Westside will make these neighborhoods more appealing … Continued

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

Historic Central State: Bringing New Life to a New Neighborhood Landmark

Plans to revitalize Central State Hospital finally become reality Central State Hospital, created in 1827, once cared for nearly 3,000 patients on its 140 acre grounds. Funding cuts led to the hospital’s closure in 1994 and the site has been vacant and in deteriorating condition ever since. Its revitalization has been a centerpiece of the Near West neighborhood Quality of Life plan. The continued push by neighborhood residents and community leaders has begun to yield results. LISC is helping to renovate the former Central State Hospital site on West Washington St. with a $3 million construction loan to development firm Reverie Estates. The … Continued

Northeast Quality of Life Plan Unveiled

The Unveiling Event of the Northeast Corridor Quality of Life Plan was a great success! There were over 260 stakeholders, politicians and neighbors present to learn about action goals towards improving mass transit, implementing grocery stores, developing access to healthcare, and more. With the support of LISC, the Northeast Corridor Quality of Life plan was developed from the grassroots level over the past 16 months and powered by 928 people and 87 organizations who were involved in the planning process. Guided by Amandula Anderson, executive director United Northeast Community Development Corporation, and Ben Harris, a community builder with the King … Continued

Northeast Corridor Quality-of-Life Unveiling Event

All are invited to the Northeast Corridor Quality-of-Life Unveiling on March 27 at 4:00 pm at 3908 Meadows Drive.  For more information and to register for the event please go to: NE Corridor Community Unveiling Invite.  LISC has supported this plan that covers the neighborhoods of King Park, Martindale-Brightwood, United Northeast and Millersville at Fall Creek Valley. For more information on the NE Corridor process, please visit www.necorridor.com.  As Erika Smith reports in the Star, “What could the Meadows look like? Imagine boulevards for bicycles and buildings designed around mass transit, the mode of transportation that many residents use. Imagine a grocery store … Continued

2013 LISC Highlights

Indianapolis LISC invested $16,399,297 in grants, contracts, loans, and equity in 2013 to support comprehensive urban redevelopment projects and programs. This is approximately a 22% increase over the 2012 investment. The increase is due to a strong focus by LISC to grow its loan and equity portfolio – which was up 32% over 2012 levels. LISC approved three loans, five recoverable grants, and two equity investments in 2013 totaling $15,060,092. 2013 real estate highlights included: Clifton Square –LISC provided a $385,092 predevelopment loan and $9.5 million in equity for predevelopment      and construction of this 57 unit, four story apartment … Continued