Economic development

News
5:09 pm
Thu February 26, 2015

Home Show Could Point to Economic Recovery

The Fort Wayne Home and Garden show expects up to 50,000 visitors this year.
Credit Virginia Alvino / WBOI News

The 42nd annual Fort Wayne Home and Garden show starts Thursday. The expected high turnout this year could be a sign of economic recovery.

Nationwide, the recovery in the housing market has been slow the last few years, but spending on  home improvement and repair has fared a bit better. That’s according a report released by Harvard  last month, which also projects that type of spending to slow down this year. 

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News
3:30 pm
Wed June 11, 2014

Fort Wayne Awarded $33 Million for Future Development

Fort Wayne Mayor Tom Henry
Credit Virginia Alvino / WBOI News

The City of Fort Wayne has been awarded $33 million in federal funding for future development projects. Mayor Tom Henry made the announcement Wednesday. 

The City of Fort Wayne is the only entity in Indiana to receive funds from the New Markets Tax Credit Program this year. It grants tax credits to investors for development projects in low-income communities.

In 2008 Fort Wayne received approximately $15 million from the program, which went towards completing the Harrison project downtown.

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Politics & Government
4:20 pm
Thu January 2, 2014

Extended Interview: Fort Wayne Mayor Tom Henry

Fort Wayne Mayor Tom Henry.
Credit Courtesy / City of Fort Wayne

2013 is already in the history books, but before we leave it behind, we wanted to survey the year gone by with the man at the center of some of Fort Wayne’s biggest stories.

WBOI’s Sean Bueter recently talked to Fort Wayne Mayor Tom Henry about some of the city’s victories and challenges in 2013, and asked him to look ahead to the new year.

This is the extended interview with Mayor Henry, including portions of the conversation not included on-air.

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News
4:47 pm
Wed December 18, 2013

The Indiana Economic Development Corporation Secures Record Number Of Job Commitments

Governor Mike Pence
Credit Brandon Smith

Governor Mike Pence announced Wednesday the Indiana Economic Development Corporation has secured job commitments with a record 261 companies this year. But Pence says there’s still more work to be done.

The job commitments made in 2013, worth more than $2 billion to Indiana’s economy, are  expected to create more than 21,000 jobs in the state over the next several years. The expected jobs will pay a higher wage, nearly 22 dollars an hour, than the state average, which is 20 dollars an hour.

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