Northeast Indiana Regional Development Authority Recommends Funding for Little River Trail
FOR IMMEDIATE RELEASE:
Aug. 16, 2016
Northeast Indiana Regional Development Authority Approves Funding for Little River Trail project in Huntington
FORT WAYNE, Ind. – The Board of the Northeast Indiana Regional Development Authority (RDA) met today to consider a request for Regional Cities Initiative funding for a project submitted by the City of Huntington.
The Board voted to support the Little River Trail project with a grant of $255,748, which represents 20 percent of the $1.053 million of the project’s total cost.
Details about the project include:
- construction of 4,124 feet or .78 miles of multi-use trails;
- streetscape improvements along Riverside Drive;
- wayfinding signage;
- a pavilion and resting node near the Erie Rail Trail Bridge; and
- other trail amenities.
The Board’s recommendation now goes to the Indiana Economic Development Corporation (IEDC) for review and final approval of the funding request.
The RDA is responsible for disbursement of the $42 million in funding granted to the region through the Regional Cities Initiative established last year.
The purpose of the Regional Cities Initiative funding is to attract and retain talent by providing financial support for game-changing quality of place projects that will increase economic growth, lead to population growth, and enhance the region’s national brand identity. Northeast Indiana won the Regional Cities grant last year with its Road to One Million plan that outlines more than 70 projects and $1.5 billion in investment over the next 10 years.
“From growing our region’s downtowns to connecting our trails, the Little River Trail project is a creative example of the region’s progressive leadership on the Road to One Million. We are building a region of one million people and it takes inventive projects like this one to get us there by 2031,” RDA board chairman Jeff Turner, senior vice president of Metal Technologies.
The Northeast Indiana Regional Partnership, which helped lead the effort to secure the Regional Cities Initiative funding, also provides staffing support to the RDA.
“The Little River Trail project is a centerpiece for downtown Huntington as it will connect three counties along the Wabash River. It’s a critical project that connects the charming downtown to the expansive regional trail network. The RDA’s approval of funding is a progressive step to building a strong, healthy and connected Northeast Indiana,” said Michael Galbraith, director of the Road to One Million.
The board also heard a presentation from Manchester Early Learning Center, which requested $520,000 for a new learning center, which is 20 percent of the $2.6 million of the project’s total cost.
In addition to the approval of funding, the RDA also reported on the progress of the following Road to One Million projects, which are either approved or under review by the IEDC:
- Great Lakes Capital for the Skyline Tower;
- Trine University;
- University of Saint Francis;
- Embassy Theatre; and
- The DeKalb County YMCA.
To learn more about the Road to One Million, visit the website at www.neindiana.com/regionalcities.
About the Northeast Indiana Regional Development Authority (RDA)
The Northeast Indiana Regional Development Authority (RDA), currently the largest RDA in the state, consists of Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties. The RDA is overseen by a five-member board, each appointed by consent of the executives of the member counties and municipalities, and receives staffing support from the Northeast Indiana Regional Partnership. Only the RDA may apply to the new state-funded Indiana Regional City Fund (administered by the Indiana Economic Development Corporation) for matching grants and loans; it may also accept loans, grants and other contributions from federal, state, and private sources. For more information, visit www.neindiana.com/regionalcities.
About the Northeast Indiana Regional Partnership
The Northeast Indiana Regional Partnership was formed in 2006 to build a globally competitive economy in Northeast Indiana. It is a public-private partnership with the mission to build, market and sell Northeast Indiana to increase business investment. In 2010, the Partnership launched Vision 2020 to bring the region together around five key areas for economic growth: 21st Century Talent, Competitive Business Climate, Entrepreneurship, Infrastructure and Quality of Life. The Partnership supports 11 member counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties. For more information, visit www.neindiana.com.
Director of the Road to One Million
Northeast Indiana Regional Partnership