About Indy CDE

The Indianapolis Redevelopment CDE LLC (Indy CDE) was formed in 2009 and administers the New Markets Tax Credit (NMTC) Program on behalf of the City of Indianapolis. Indy CDE is certified by the U.S. Department of Treasury as a community development entity (CDE) working in collaboration with the City of Indianapolis’ Department of Metropolitan Development to use New Markets Tax Credits (NMTCs) to support transformative projects that address blight, high unemployment, and poverty in the city’s most distressed neighborhoods.

Since 2010, Indy CDE has awarded over $140 million dollars in tax credits to more than 14 qualifying entities. These projects have helped create accessible jobs in low-income communities, helped build pathways to high quality jobs, provided key services to Indianapolis’ most at-risk populations, and have advanced the vibrancy of the city. 

Indy CDE engages with community organizations year-round to identify impactful projects in Indianapolis eligible to receive a New Markets Tax Credits award.

Governing Board

Bruce Schumacher

Karina Bruns

William Pritchard

John Dillon
President

Megan Garver
Vice President

Lena Hackett
Secretary

Bruce Schumacher
Vice Secretary

Alpha Blackburn

Brigid Robinson

Jean Wojtowicz

Karina Bruns

Keith Broadnax

Mindy Westrick

Richard Ross

William Pritchard

William Selm

Advisory Committee

Keith Broadnax

Patrick Dubach

Andre Gibson

James Taylor

Keith Broadnax

William Pritchard