IUPUI is joining 30 other colleges and universities as an inaugural member of the Higher Education Anchor Mission Initiative. The initiative is a national collaboration to develop strategies and resources to strengthen the economic advancement of the communities they serve.
The anchor mission is a joint project of the Coalition of Urban and Metropolitan Universities and The Democracy Collaborative. TDC President Ted Howard "colleges and universities in the U.S. collectively employ more than 4 million people, spend over $43 billion each year, and hold over a half-trillion dollars in their endowments, which means their potential impact as community wealth-building anchor institutions is enormous."
IUPUI Chancellor Nasser Paydar says their participation will help increase the school’s dedication as a partner to the community. "IUPUI has already invested in Indianapolis through transformational initiatives like the Anchor Housing Program with the Indianapolis Neighborhood Housing Partnership, groundbreaking partnerships like with the Madam Walker Legacy Center, and more," Paydar said. "Such collaborations create opportunities for mutually beneficial conversations about how institutions of higher learning can be catalysts for positive change in our urban communities."
The housing program allows IUPUI employees to receive a forgivable, five-year loan to buy or remodel a home within sections of three neighborhoods near campus. Click here for more information on the initiative.