Corporate

State Farm provides community development loan to help revitalize Indianapolis

State Farm has a comprehensive community development strategy that leverages our social investments, loans, and grants to create a stronger impact in our communities. These investments and loans may include affordable housing projects; community facilities; commercial corridor revitalization; small business rehabilitation; and predevelopment and construction loans to redevelop blighted neighborhoods.

About this initiative:

• State Farm provided a $4 million community development loan to the John H. Boner Community Center (http://jhbcc.org) to assist with neighborhood revitalization in a distressed area of Indianapolis’ Near Eastside.
• Our commitment to redeveloping this neighborhood is an extension of the great work already demonstrated by State Farm employees, agents and their volunteer activities.
• This project strengthens our historical commitment to help build safer, stronger, better educated communities.

The local neighborhood website shows some of the housing redevelopment efforts currently underway in this area: http://www.surprisingstclair.com/about/