The Northwest Indiana Regional Development Authority Board of Directors is considering a 39-million dollar funding application from the City of East Chicago. It would go toward a project to create a public-private partnership for spur economic development in the North Harbor area.
The board this week also approved a request for Deal Closing Funds from the Indiana Economic Development Corporation, currently in negotiations with a company considering Northwest Indiana. Due to the sensitive nature of the talks, no further details were made available. The board says no RDA funds will be used unless a deal is finalized.