25 Million Dollars Added to State Revolving Loan Fund

      An Indiana House committee has voted to add an extra 25-million dollars to a revolving loan fund.
      The fund is designed to incentivize housing construction in the state.
      The Indiana Association of Realtors testified in favor of the bill to add the money, noting Indiana’s median home price has grown to 244-thousand-dollars and new construction of a home costs nearly 379-thousand-dollars.
      The bill passed with an 11-to-1 vote and now goes to the Ways and Means Committee.