RDA Points to ROI for Continued State Funding Support
December 27, 2013 by Sarah Holst & Kristyn Estes
The Regional Development Authority is working on a plan to keep its funding fully intact. Its state financial support is set to expire in 2015, for $10-million annually that amounts to roughly a third of its funding.
The RDA uses funds to support economic improvement and quality of life for Northwest Indiana, active in recruitment of business to the Region.
RDA President and Chief Executive Officer Bill Hanna talked with Lakeshore News about the value of the funding in terms of its return on investment for the State.