Three Projects Receiving $2.4M in Grants

Three Projects Receiving $2.4M in Grants

The Northeast Indiana Regional Development Authority approved funding for three projects in Adams, Steuben and Huntington counties.

The approved grants will fund portions of the South Adams Trails project, the Enterprise Center in Steuben County and the United Brethren Block in Huntington County. The grants total about $2.4 million of the $42 million awarded to northeast Indiana through the state’s Regional Cities Initiative.

As of this month, northeast Indiana’s Regional Development Authority has recommended $120.8 million to the Indiana Economic Development Corp., including $71.2 million in regional private investment.

“The Road to One Million is truly a regional economic development plan. (Tuesday’s) meeting is a great example of how we are supporting inventive projects that create new opportunities and spur economic growth in our 11-county region,” RDA board Chairman Jeff Turner said.

The South Adams Trail project, which will connect Berne and Geneva trails to the Poka-Bache Connector trail system, will involve reconstruction of two historic Pratt Truss iron rail bridges to link trails across the Wabash River. The $498,000 grant awarded by the RDA represents about 16 percent of the project’s total $3.6 million cost.

Steuben County’s Enterprise Center will renovate a 70,000 square-foot, five-building campus on 4.5 acres of land near downtown Angola into office space, business incubators and worker training. The approved $323,000 grant represents about 17 percent of the $1.9 million overall cost.

The United Brethren Block will partner with Huntington University and Pathfinder Services to develop space to foster innovation and entrepreneurship. The development will also include 35 apartments above the facility. The project was awarded a $1.6 million grant, about 20 percent of the $8 million total cost.

All three projects and the RDA’s approval will now be reviewed by the Indiana Economic Development Corp. for final approval.