READI
We are READI.
Need funding for your next project? Let’s talk.
Even if READI funds aren’t currently available, we may be able to connect you with other funding opportunities that fit your goals.
The Evansville region is READI!
The Evansville Region has received two maximum READI awards from the State of Indiana—$50 million in December 2021 and $45 million through READI 2.0 in April 2024—supporting strategic investments that grow population, expand high-quality jobs, improve health outcomes, and reduce poverty across Gibson, Posey, Vanderburgh, and Warrick counties.
The Evansville Region has a transformational vision to build a nationally recognized place to call home! As the regional organization unified to advance the interest of business, the Evansville Regional Economic Partnership (E-REP) in collaboration with the Southwest Indiana Regional Development Authority (SWIRDA), Success Warrick County, and the Gibson County EDC, we are advancing transformational projects through the Regional Economic Acceleration + Development Initiative (READI)!
E-REP will update this page regularly with key announcements from both the state and region as they become available.
READI 2.0
READI 2.0 Application – Closed.
AWARDED LILLY ENDOWMENT FUNDS
It’s an exciting time in the Evansville region!
Thanks for your interest in the Regional Economic Acceleration and Development Initiative (READI) . As program/project information becomes available to our team, we share the news with you.
READI Updates
-
Ribbon Cutting Marks Grand Opening of The District Phase II in Princeton
READI 2.0-funded expansion adds 114 new housing units in Gibson County PRINCETON, Ind. (January 12, 2026)— Indiana Governor Mike Braun, Community leaders, regional partners, and stakeholders gathered today to celebrate the ribbon cutting and grand opening of The District Phase II, marking the next major milestone in expanding workforce housing options in Princeton and Gibson
-
JUNIOR ACHIEVEMENT OF SOUTHWESTERN INDIANA AWARDED $1.75 MILLION READI 2.0 GRANT FOR JA DISCOVERY CENTER
EVANSVILLE, Ind. (November 19, 2025) – Junior Achievement of Southwestern Indiana is proud to announce it has been selected as a recipient of the READI 2.0 grant to support the development of the JA Discovery Center – a 24,000-square-foot experiential learning facility designed to inspire and prepare students for life beyond the classroom. The JA
-
READI 2.0 Funded Projects
READI 2.0 in the Evansville Region READI 2.0 is the second round of Indiana’s Regional Economic Acceleration and Development Initiative (READI), a statewide program that invests in projects to enhance quality of life and drive economic growth. On April 11, 2024, the Evansville Region was one of six regions in Indiana to receive the maximum
-
Lilly Endowment Awards READI 2.0
The Lilly Endowment Inc. award is a $250 million investment supporting Indiana’s READI 2.0 initiative, administered by the Indiana Economic Development Corporation (IEDC). The funding empowers regions across the state to revitalize vacant and blighted properties, expand housing, invest in the arts, and enhance quality of place and life. These transformative projects leverage local and
-
Historic ‘Crawford Door’ Building Mixed Use Renovation and New Construction
READI 2.0 Lilly Endowment Inc. Blight Redevelopment Project Summary:Crawford Door involves the historic registration and rehabilitation of the Crawford Door buildingin addition to a new construction component for a combined total of approximately 139 affordableand workforce housing units and approximately 10,000 square feet of commercial space to serveneighborhood focused organizations. This project will transform the
-
Fieldhouse Flats
Summary provided by Project: Working in partnership with the YMCA of Southwest Indiana, Inc. and Indiana Landmarks, AP Development LLC will transform NW 6th Street between Vine and Court streets through the adaptive reuse/renovation /rehabilitation of the historic former Central High School / SW Indiana YMCA Fieldhouse as approx. 38 market-rate apartments and the addition
