Vermillion County seeks to address housing shortage

The Vermillion County Economic Development Council has begun the planning process to bring more housing to the northern part of the county. The project includes the addition of 15 single-family homes in what VCEDC Executive Director Doug Hess hopes will be the first of many developments. ... Read More

Munciana Volleyball Club acquired

The oldest volleyball program in the country, headquartered in Yorktown, is under new ownership. Massachusetts-based youth sports club and event operator 3STEP Sports has acquired Munciana Volleyball Club, though financial terms of the deal were not immediately disclosed.... Read More

Duke Energy to make old towers new home for bald eagles

Plainfield-based Duke Energy Indiana is giving new purpose to two electric transmission towers that have reached the end of their service life. The utility says the towers will be repurposed as nesting platforms for bald eagles at the Wabashiki Fish & Wildlife Area in West Terre Haute.... Read More

State revenue continues to beat estimates

Indiana continued its trend of beating the most recent revenue projections in July. The Indiana State Budget Agency says General Fund revenues last month totaled nearly $1.5 billion, which was 5.1% higher than the December 2021 forecast and more than 11% higher than the same month last year.... Read More

‘Hoosiers’ screenwriter bullish on new film incentives

The screenwriter for the film classic Hoosiers believes a new Film and Media Tax Credit in Indiana will mean big economic and talent benefits for the state. The Indiana Economic Development Corp. has begun accepting applications for the incentives, which includes tax credits of up to 30% for qualified productions. ... Read More

Transit Development District boundaries approved in northwest Indiana

The Northwest Indiana Regional Development Authority has approved resolutions to establish the boundaries of seven new Transit Development districts in the region. Our partners at The Times of Northwest Indiana report each district will allow local income taxes to be collected and used for further development in the district.... Read More

Home sales continue to decrease in Indiana

Indiana's housing market continued to cool in July, according to data from the Indiana Association of Realtors. The organization says year-over-year existing home sales were down 10% last month, though median home prices were up 10% over July 2021.... Read More

Superfood company lands IU Ventures investment

IU Ventures has awarded a $170,000 grant to Lil Bucks, a Chicago-based superfood company founded by an Indiana University alumna. The company, which makes a variety of sprouted buckwheat products, has grown from a side project for Emily Griffith to having its products sold at major retailers such as Kroger and Whole Foods.... Read More