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Place Based Investment Fund A competitive grant opportunity offered by Indiana Office of Community & Rural AffairsandIndiana Office of Tourism Development Grant Information & ApplicationHard Applications
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A place-based investment fund is a fund that directs financial resources towards a specific geographic area with the goal of stimulating economic development and revitalization.
Investment funds and organizations that are focused on investing in specific communities or regions are required to file place-based investment fund.
To fill out a place-based investment fund, organizations need to provide detailed information about their investments, strategies, and impact on the targeted geographic area.
The purpose of a place-based investment fund is to channel capital into underserved or distressed communities to promote economic growth, job creation, and community development.
Information such as investment portfolio, target geographic area, impact metrics, and community engagement initiatives must be reported on a place-based investment fund.
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