Disaster loans are available to residents and businesses in 27 counties impacted by severe weather and storms this summer.
Significant tax relief for Hoosier employers could be on the horizon if the state’s revenues do well the next few months.
The city council passed the tax anticipation loan with a new three-year repayment plan at Thursday evening's meeting.
Terre Haute Mayor Duke Bennett is proposing a $5 million tax anticipation loan to cover costs while the city waits for more taxes to come in.
The YMCA is about $2 million short of its $10.2 million goal to build the facility, but a loan is covering the cost of construction.
The Speedway would receive $5 million a year for proposed improvements, to be repaid through the anticipated increase in income and sales tax collections.
Indiana Public Interest Research Group says each student would save more than $900 in loan costs for each year they are in school.
The average student at IU graduates with $16,000 of debt, according to an IU report.