Indy CDE financed the renovation of a vacant 90,000 square foot hotel into classrooms and a ballroom for Ivy Tech’s culinary and hospitality school with a $15 million NMTC loan. 


Ivy Tech is a statewide community college offering diverse technical and vocational training programs to nearly 40,000 students, 27,000 of whom reside in Indianapolis. Students enter the market prepared for high-quality jobs in the culinary and hospitality industry after completing these programs.