Southern Indiana Development Commission will launch and operate a Regional Land Bank nonprofit to address blighted, dilapidated and unsafe housing in the Uplands region. The program will work in 6 counties-- Crawford, Daviess, Greene, Lawrence, Martin, and Orange, all of whom have agreed and entered into a Interlocal Cooperation Agreement signed by the Indiana Attorney General's office. The goal will be to acquire and rehab these properties to return them to the tax rolls to provide new housing, grow industry, create jobs for residents, and to revitalize and stabilize neighborhoods. The Land Bank will be responsible for the administration of financing, staffing and the budget for the joint undertaking outlined in the Interlocal Agreement. READI funds will be used for mowing and abatement, personnel, facilities, property (clearance, legal transfer, lein clearance), insurance and marketing. Approximate timeline is August 2023 to December 2026.
Loogootee, IN
Home to 406,000 residents, the Indiana Uplands Region is celebrated for Indiana's largest state park, a significant Naval installation, and Indiana University - an R1 Doctoral institution. This region secured $30 million in READI 1.0 funds.