What’s an anchor institution?

An anchor institution is a major community-based employer – like a hospital or college campus – cultural attraction or civic partnership.  By creating jobs, business opportunities, or a unique quality of life, they help ‘anchor’ urban neighborhoods.

The Anchor Revitalization Program engages anchor partners to revitalize neighborhoods and rebuild the urban economic base across Marion County.  Here’s how we’re helping:

LIVE
Enlist anchor institutions in neighborhood redevelopment, encouraging employees to purchase or repair homes closer to work with financial incentives and homeownership training – building  stronger, safer, more stable communities surrounding anchor campuses.
BUY
Spur homegrown business success and keep capital at work in Indianapolis with ‘buy local’ procurement programs that strengthen contractor and supplier relationships among anchors and Indy-based companies.
HIRE
Help local residents compete for accessible job opportunities with anchor partners, while building a talent pipeline for the anchors themselves through targeted workforce programs focused on nearby neighborhoods.

Program Conveners:

Indy Chamber, Indianapolis Neighborhood Housing Partnership (INHP), Local Initiatives Support Corporation (LISC) Indianapolis, EmployIndy

Current Anchor Partners:

Butler University, Community Hospital East, Crown Hill Cemetery Foundation, Eskenazi Health, Health and Hospital Corporation, Indiana University Purdue University Indianapolis (IUPUI), Indianapolis Museum of Art, Marian University, and the University of Indianapolis.