The city of Fort Wayne will secure $33 million in federal funding for future economic development projects.
Fort Wayne was the only city in Indiana to receive the New Markets Revitalization Fund from the US Department of the Treasury. The Fund will enable investors to acquire tax credits and allow the city to help finance eligible commercial projects. Projects should have a positive impact on the community as a whole.
Federal Programs Related to - Public, Society Benefit, General/Other
Programs that focus on promoting the effective functioning of government, public administration and public officials and support or provide services required for the effective functioning of society's infrastructure.
Federal Programs Related to - Community Economic Development
Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses.
Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones