Indiana communities nab $29M for residential infrastructure development

INDIANA (Indiana Capital Chronicle) – Six Indiana communities were awarded more than $29 million in low-interest state loans for housing-related public infrastructure, the Indiana Finance Authority announced Monday.

It’s the latest round of the Residential Housing Infrastructure Assistance Program, which is intended to boost housing development by helping communities pay for the expensive public infrastructure that new homes require.

The awarded projects include roadways, water and wastewater systems, stormwater management, and utilities, according to IFA, which administers the program…

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