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Town of Hope receives state funding for community development

Lieutenant Governor Sue Ellspermann announced Wednesday that the Office of Community and Rural Affairs (OCRA) and the Indiana Office of Tourism Development (IOTD) have awarded six Indiana communities funding for quality of place initiatives under the Place Based Investment Fund (PBIF). The community of Hope was named to the list.

The Lt. Governor's office says that each community will receive grant funds ranging from $35,000 to $50,000 to fund parks, public venues and other quality of place projects.

"Community gathering places are vital centers of activity for Hoosier cities and towns," said Lt. Governor Sue Ellspermann. "Our team looks forward to seeing these innovative projects completed and the long-term benefits they provide to the winning communities."

"The Place Based Investment Fund is one of the primary ways OCRA fulfills its mission of improving quality of place in Indiana's rural communities," said Bill Davis, Executive Director at OCRA. "The parks and community gathering facilities developed through this fund will serve and benefit local citizens for years to come."

"We are excited about the new venues and gathering places that will soon be built because of the PBIF grant," said Mark Newman, IOTD executive director. "This fund was designed to reward creativity and community ingenuity and the winning projects will be great examples of those qualities."

Other communities receiving funding include the cities of Jasper, Madison and Hobart, Parke County and Wabash Marketplace.

The Lt. Governor's Offices says the PBIF program, now in its second year, is a $300,000 competitive matching grant program administered as a partnership between OCRA and IOTD. The grant program supports community and economic development projects across the state. Initiatives that promote quality of life, improve tourism experiences and develop multi-purpose gathering places are specifically targeted for the grant.

For more information on PBIF, including detailed information on each community proposal, visit www.in.gov/ocra/2691.htm.

Last Updated: Wednesday, March 26, 2014 1:55:40 PM

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