Governor Mike Pence signs bill for regional development program in Indiana

INDIANAPOLIS — A new state grant program aimed at encouraging Indiana counties and cities to collaborate on regional development projects was signed into law Wednesday by Gov. Mike Pence.

The new state budget includes $84 million over the next two years for the Regional Cities program, which was a top priority for the Republican governor during the final days of the General Assembly's session.

The new program will allow the Indiana Economic Development Corporation to award grants or loans to regional groups for infrastructure or amenity projects that could help attract businesses and people to those areas.

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