Riley Area Development Corporation
Cause Area
- Arts & Culture
- Community
Location
430 Massachusetts AveLL1Indianapolis, IN 46204 United StatesOrganization Information
Mission Statement
The mission of Riley Area Development Corporation is to create partnerships to develop, support, and enhance a diverse urban community fabric through:
the facilitation and development of affordable housing for the permanent inclusion of lower income residents in the Riley neighborhoods.
the promotion of increased density and mixed-use development to create a richly diverse and comfortable urban environment.
the creation of well planned, connected open space in order to provide an aesthetically pleasing urban experience.
the promotion and development of businesses for the provision of essential services.
Description
The Riley Area Development Corporation is a Community Development Corporation (CDC). CDCs are catalysts for community-led neighborhood rebirth through housing revitalization, economic development, and partnerships with crucial self-sufficiency programs. CDCs maximize public funds through alliances with financial institutions, equity investors, and individual donors.
Committed to helping neighborhoods direct their own economic destiny, Riley Area believes long-term revitalization of urban neighborhoods is most successful when it is resident driven.
Riley Area has a defined service area and is controlled by a neighborhood-based Board of Directors comprised of people who either live, work, or worship within the Riley Area.