By Nolan Miles
P3 Kentucky Staff Writer
Indianapolis has an existing $120 million infrastructure budget, and it’s using some of those funds to help city neighborhoods that are willing to provide their own funds for local infrastructure improvements. Mayor Joe Hogsett recently announced a new public-private partnership that will grant up to $1.5 million in funds from the city’s budget to match that of neighborhood infrastructure projects.
Until March 1, 2018, neighborhoods can submit applications for additional funding, which will be scored by the Department of Public Works. Selected projects will be awarded in mid-March.
“We’re trying to be nimble, trying to be creative, trying to be innovative,” said Hogsett as he announced the plan. “We don’t really know what kind of response we’re going to get. I’m looking forward to the results.”
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