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.
The RFC (Reconstruction Finance Corporation) was established by Congress in 1932. It was Hoover's desire to have the RFC lend money to banks, railroads, and other key economic â¦ institutions to make sure these institutions would remain in business. The idea was to help these businesses that had a shortage of capital.