Indiana University will invest $10 million to renovate the IU Natatorium and the Lilly Endowment will match IUâs financial commitments. IUâs investment in the future of the natatorium is emblematic of its commitment to the city of Indianapolis and organizational partners worldwide.
The Reconstruction Finance Corporation (RFC) was a government corporation in the United States that operated between 1932 and 1957 which provided financial support to state and local governments and made loans to banks, railroads, mortgage associations and other businesses.
A main reason why loans were given out was to relieve the depositors to get their money back. The Reconstruction Finance Corporation spent $1.5 billion in 1932, $1.8 billion in 1933, and $1.8 billion in 1934.Then it dropped to about $350 million a year. On the eve of World War II (August 31, 1939), it greatly expanded to build munitions factories, disbursing $1.8 billion in 1941.he Reconstruction Finance Corporation played a major role in handling the Great Depression in the United States and setting up the relief programs that were taken over by the New Deal in 1933.