NIRPC Awarded Grants for Economic Development Recovery Assistance
The Northwestern Indiana Regional Planning Commission (NIRPC) received two grants from the Economic Development Administration (EDA). NIRPC received funds from the EDA CARES Act Recovery Assistance Grant totaling $583,000 to capitalize and administer a Revolving Loan Fund (RLF) to make loans available to small businesses in Lake, Porter, and LaPorte counties that have been impacted by the coronavirus. This financing will assist businesses in recovering and responding to the impacts of the pandemic. Efforts will include the hiring of additional staff to provide capacity-building and technical assistance.