Indianapolis Ready to Invest in Monon16

The PreEnactment Indy one-day festival was just a preview of the transformation beginning to happen to the Monon 16 neighborhood.

According to Fox59, “Mayor Joe Hogsett announced that the city would administer $4.5 million in federal funds as part of its Lift Indy program to prime the private investment pump in the Monon 16 community which borders the Monon Trail.

“This funding will support affordable quality housing, creative placemaking, public amenities and more,” said the mayor standing in the shadow of West Fork Whiskey, a distillery under construction in a former grocery store at the intersection of 17th and Bellefontaine Streets.”  

When Hogsett was elected Mayor of Indianapolis he promised “to leverage the success of Downtown back into our neighborhoods,” in a written statement via the Indy Star. “As a first-of-its-kind investment strategy for Indianapolis, Lift Indy allows us to concentrate significant funding toward addressing neighborhood challenges and sustaining healthy communities.” 

Hogsett is making good on his promise, and the neighborhood couldn’t be more excited. Monon 16 was chosen out of nine applicants for the first Lift Indy project. Be on the lookout for more projects coming over the next several years.