Encouraging investment in Indiana communities
ABOUT THE CONSORTIUM
The purpose of the Opportunity Investment Consortium of Indiana is to encourage the transformation of Opportunity Zone neighborhoods into vibrant places profoundly attractive and sustainable for both residents and businesses. This is accomplished through the creation and pilot of this web-based connectivity portal. Investment opportunities submitted are made exclusively available to potential investor member sponsors. Investors then respond individually to submittals if they would like to establish contact and continue discussion beyond the online platform.
In addition, Consortium partners are convened regularly in an effort to build cross sector capacity in this new federal reinvestment tool to advance best practice through collaboration, support and training opportunities.
TARGETED OUTCOMES
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To encourage long-term private capital investment in low-income urban and rural communities of Indiana
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To transform distressed communities, support businesses and jobs and drive system innovation through smart collaboration and deployment, and
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To broker complementary supports such as technical assistance, workforce supports and infrastructure improvements.
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Connect to ready workforce
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Supports for training and job placement
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Support investments in commercial, industrial, retail, residential & community facilities
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Broker complementary investment such as infrastructure improvements
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More ready access to capital pairing
-
Technical assistance
IMPLEMENTATION TEAM
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Partnership facilitation across sectors–public, private and nonprofit
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Integration of support for people, places and small businesses
The implementation partners help to staff the consortium: the State of Indiana, Local Initiatives Support Corporation (LISC), Cinnaire, Indy Chamber, Indiana Bond Bank, Indiana Economic Development Corporation, Office of Community and Rural Affairs, Indiana Housing & Community Development Authority, Aim, Prosperity Indiana, Vectren Foundation and Indiana Economic Development Association
ABOUT THE CONSORTIUM
The purpose of the Opportunity Investment Consortium of Indiana is to encourage the transformation of Opportunity Zone neighborhoods into vibrant places profoundly attractive and sustainable for both residents and businesses. This is accomplished through the creation and pilot of this web-based connectivity portal. Investment opportunities submitted are made exclusively available to potential investor member sponsors. Investors then respond individually to submittals if they would like to establish contact and continue discussion beyond the online platform.
In addition, Consortium partners are convened regularly in an effort to build cross sector capacity in this new federal reinvestment tool to advance best practice through collaboration, support and training opportunities.
TARGETED OUTCOMES
-
To encourage long-term private capital investment in low-income urban and rural communities of Indiana
-
To transform distressed communities, support businesses and jobs and drive system innovation through smart collaboration and deployment, and
-
To broker complementary supports such as technical assistance, workforce supports and infrastructure improvements.
-
Connect to ready workforce
-
Supports for training and job placement
-
Support investments in commercial, industrial, retail, residential & community facilities
-
Broker complementary investment such as infrastructure improvements
-
More ready access to capital pairing
-
Technical assistance
-
Partnership facilitation across sectors–public, private and nonprofit
-
Integration of support for people, places and small businesses
IMPLEMENTATION TEAM
The implementation partners help to staff the consortium: the State of Indiana, Local Initiatives Support Corporation (LISC), Cinnaire, Indy Chamber, Indiana Bond Bank, Indiana Economic Development Corporation, Office of Community and Rural Affairs, Indiana Housing & Community Development Authority, Aim, Prosperity Indiana, Vectren Foundation and Indiana Economic Development Association
CONSORTIUM IN THE NEWS
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