Is Indy holding back its kids?
Each year children spend growing up in the Indianapolis area causes them to fall further and further behind their peers nationally in future earnings potential.
![rop-income-mobility-030716-pg3-2col.jpg](https://www.ibj.com/wp-content/uploads/2019/01/rop-income-mobility-030716-pg3-2col-300x219.jpg)
Each year children spend growing up in the Indianapolis area causes them to fall further and further behind their peers nationally in future earnings potential.
The Indiana Housing and Community Development Authority picked 18 recipients to get $14.3 million in highly competitive low-income housing tax credits. Two Indianapolis-area projects were awarded funding out of 54 applications.
Garth Brazelton, former director of the state agency’s operations and business systems, has joined KSM Location Advisors as its chief operating officer.
The first phase of the $198 million Red Line is slated to run from just north of Broad Ripple to the University of Indianapolis.
The study from Ball State University says the widely used economic development tool redirects millions of dollars from other taxing units that normally would receive the revenue, such as schools, libraries and other public services.
Indiana lawmakers are debating ways to give money back to local governments—money that already belongs to cities, towns and counties but the state has been holding in reserves.
The existing referendums for the school districts are set to expire at the end of 2016 and 2017.
The 2016 Indiana bicentennial can serve both as party and as a springboard for thinking about our future. The state’s bicentennial commission has laid plans that both bolster Indiana’s statewide opportunities and promote local initiatives.
Local officials say the permits are needed now to accommodate development that’s been stymied under a state system that allocates permits based on population.
Farmers across Indiana would get a big property tax cut under legislation moving through the General Assembly that would reduce their assessed land values an estimated $4.2 billion for taxes paid in 2018 and $8.9 billion for 2019.
Midcontinent Independent System Operator Inc. plans to add 84 employees by 2020 after reconfiguring its 133,409-square-foot facility at 720 City Center Drive to increase efficiency.
The Hamilton County Council and Board of Commissioners had a joint meeting Monday night to discuss the financing arrangement to transform the state highway into a free-flow parkway with roundabout-style interchanges.
A family dispute over the estate of a well-known heart surgeon and developer in Carmel could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties.
Teen births have fallen to a record low in the United States and dropped sharply in Indiana too, a development that could save taxpayers millions of dollars in public health services and other assistance.
The latest court action involving Special Needs Integrity Inc. is a class-action lawsuit filed against the little-known Indianapolis not-for-profit in November that claims it eroded clients’ account balances with undisclosed management fees and unjustified legal fees paid to the Indianapolis law firm Lewis & Kappes PC.
Marion County is suffering from a severe shortage of affordable housing and the inventory is not expected to increase anytime soon. The most popular financing option to help build affordable housing projects is so limited that only a small fraction of the developments get built.
We revisited the year’s top news stories in the suburbs on Wednesday, so now let’s look at what you should expect to see in 2016.
The Indiana Supreme Court and the state Court of Appeals began offering e-filing in November, and the Indiana Tax Court, will follow in January. The goal is for trial courts in all 92 counties to offer e-filing by the end of 2018.
The list of projects slated over three years includes about 30 more roundabouts, other street improvements, and land acquisition. It would lead to property tax increases for most residents.
Officials say the first phase of a rapid transit line that should eventually connect Westfield to Greenwood won’t be delayed even though the Indianapolis region missed out on a share of $84 million in state funding from the Regional Cities Initiative.