The latest Indianapolis neighborhood to benefit from federal redevelopment funding through the Lift Indy program was revealed Wednesday.
The Far Eastside, an area that has dealt with years of disinvestment, will get $3.5 million in HUD development and housing money. This is Indianapolis’ sixth Lift Indy neighborhood since the launch in 2017. It’s the first outside of the urban core.
District 14 Councillor LaKeisha Jackson has fought hard for this investment for her neighborhood.
“Together is how this community has survived and together is how we are going to grow and thrive,” Jackson said.
The program will fund local community and nonprofit group efforts to create more wraparound services, home repairs and a new affordable home mortgage program.
This is the second Lift neighborhood announced for 2022.
Indianapolis Mayor Joe Hogsett said the program was able to expand capacity with help from American Rescue Plan relief funds.
“To double the reach of this important annual program,” Hogsett said.
Another project will address food security though a new trail that will have open garden plots open to the public.
Other investments in the area are currently underway including the city’s second bus rapid transit line.