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Financial Shot in Arm for New Housing Construction

(Michigan City, IN) - Millions of dollars are coming to Michigan City to help with new housing construction.  Mayor Angie Nelson Deuitch said the $4.6 million state grant will be used for constructing sewer lines on undeveloped land so future new housing developments can start going up as soon as possible.  The grant was awarded by the Indiana Finance Authority.

 

“Thank you to the Indiana Finance Authority for recognizing our efforts and providing us with the resources needed to improve our community,” Deuitch said.

 

The money is from a new state program that supports infrastructure projects to promote residential housing developments throughout Indiana.  Communities with housing-friendly zoning are given high priority on their funding requests.

 

About 70 percent of the funding has gone to municipalities whose populations are less than 50,000.

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