READI 2.0 was created by P.L. 201-2023 and received a $500 million appropriation to support investments in capital and infrastructure projects that will stimulate population growth across the state.

The IEDC will provide financial commitments to regions that submit an application for grants or loans from the fund to implement their Regional Economic Acceleration and Development Strategy, as defined by Indiana Code 5-28-43-6 (the “Application”).

READI 2.0 will function much like the first iteration of the initiative and will include competitive grant and/or loan commitments being made to regions that submit an application to the IEDC in the form of a visionary investment strategy/plan.

About Southern Indiana Housing and Community Development Corporation (SIHCDC)

Southern Indiana Housing and Community Development Corporation (SIHCDC) the coordinating entity for the South Central Indiana Talent Region. SIHCDC is a non-profit, 501(c)3 organization that functions as a regional Community Development Corporation for rural communities, with a mission to assist communities in housing, economic and redevelopment efforts in the Indiana Counties of Bartholomew, Decatur, Dearborn, Henry, Jackson, Jennings, Lawrence, Morgan, Ripley, Rush, and Scott. To assist with that mission, the agency has agreed to serve as the lead applicant for the South Central Indiana Talent Region READI proposal. More info at: www.sihcdc.org.