Indianapolis gets federal grant for former auto plant sites
Indianapolis will receive a $157,000 grant to plan for the reuse of four former auto manufacturing sites.
The money comes from the Economic Development Administration (EDA), a division of the U.S. Department of Commerce. It will pay for market research, community engagement and statistical analysis designed to offer direction on reuse of the sites.
The sites include:
Chrysler Foundry Site (west side of Indianapolis)
Ford/Visteon Site(far east side of Indianapolis)
Navistar Foundry, (far east side of Indianapolis)
GM Stamping Plant Site (near downtown Indianapolis).
An in-kind contribution of city staff time and a financial contribution from Develop Indy will match the federal funds.
Mayor Greg Ballard met with the EDA Regional Administrator in Chicago earlier this year to help make the case for Indianapolis' application. The city says it's the first EDA funding to come to Indianapolis in many years.
The Planning effort will be led by the City of Indianapolis' Planning Division of the Department of Metropolitan Development. (DMD) Combined with the local match, the total project cost is $314,784.