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CITY OF SOUTH BEND <br />DEPARTMENT OF COMMUNITY INVESTMENT <br />Economic Development (cont.) <br />Tax Abatements <br />•2021 tax abatements spurred $78 million in private investments and <br />441 jobs. <br />READI Program <br />•South Bend region awarded maximum $50 million award from the <br />State of Indiana as a part of the READI program (Regional <br />Development Authority is issuing RFP for projects to be submitted <br />later this summer)