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Terre Haute officials hear ISU students’ plan for $75,000 neighborhood investment pilot
Summary
City staff and Indiana State University students presented a Neighborhood Investment Fund pilot to distribute $75,000 in casino revenues as small, neighborhood-driven grants; the pilot prioritizes informal groups, equity, a city-managed procurement model and a 6+1 selection committee.
Terre Haute city leaders on Thursday heard a research-based proposal for a Neighborhood Investment Fund that would channel $75,000 in casino revenues to small, resident-led projects in neighborhoods across the city.
AT Ryan, director of the Human Relations Commission for the City of Terre Haute, introduced the presentation from Indiana State University graduate students Joseph Harris and Sarah Fierce, who said the pilot is designed to give informal neighborhood groups access to funds and city-managed procurement support so groups without 501(c)(3) status can participate.
The students outlined goals that include prioritizing…
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