Community East Hospital was one of the first partners to provide the anchor housing benefit to its employees. As an active partner in the Anchor Revitalization Program, Community East has already built a pipeline of employees exploring homeownership (and home repair incentives) closer to its campus…but that’s only part of…
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It’s now been a full decade since the housing crisis of 2008 – and in many ways, it feels like Indy real estate has bounced back from the days when plummeting home values were wreaking havoc on the U.S. economy. Even as the winter months approach, the market’s still sizzling;…
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Welcome to the latest ‘Core Values’ update on the Anchor Revitalization Program, engaging Indy’s major non-profit institutions in ‘Live,’ ‘Hire’ and ‘Buy’ initiatives to spur homeownership, create nearby employment and homegrown business opportunities, and strengthen urban neighborhoods across Marion County. In the second year of the Anchor Program, we’re welcoming…
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It’s no surprise that Ivonne Martinez is ahead of schedule when it comes to buying her first home. After all, the 25-year-old is already working on her second bachelor’s degree, balancing nursing school with a career as a Spanish-language medical interpreter at Sidney & Lois Eskenazi Hospital – she has…
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During a discussion with LISC’s Bill Taft reported in our last newsletter, the longtime community development guru predicted that “Buy” would prove the most challenging of the three anchor pillars: “When it comes to procurement, these institutions have lots of priorities,” he explained. Seth Grant, Associate Director of Culinary…
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There’s been spirited debate recently over how infrastructure impacts the urban core – namely, the connection between projects like the North Split interchange reconstruction and neighborhood vitality. Thoughtfully planning our highways and bridges is important; Indy’s anchor strategy is about bridging the economic divides that loom largest in urban neighborhoods…
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CORE VALUES News from the Indianapolis Anchor Revitalization Program Partnership – April 2018 Welcome to the first edition of Core Values, a regular communication on the Anchor Revitalization Program, a sweeping strategy for neighborhood redevelopment, employment and local business growth across Indianapolis. You can get a refresher on the…
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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…
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Local Initiatives Support Corporation (LISC) Executive Director Bill Taft has a unique talent for spying the unrealized potential of urban Indianapolis. Decades before it could be called ‘up and coming,’ he moved his family to the Herron-Morton neighborhood. He spotted development potential amid the blighted properties of Fountain Square, setting…
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In the traditional lexicon of economic development – where bottom-line job and investment totals tend to dominate discussion – “inclusive growth” is still a novel concept. But the idea that economic success goes hand-in-hand with economic access is a hot topic at the Brookings Institution…and also fits perfectly with the…
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