Capital stacking has become Terre Haute Mayor Brandon Sakbun’s go-to method of raising funds for city projects. The practice involves doggedly searching for financing from every possible source — local to federal tax dollars, numerous state and federal grants, philanthropic and nonprofit organizations, American Rescue Plan Act (ARPA) funding and, pivotally, private investment. This is
FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally
A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the