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 continued under the New Deal and played a major role in recapitalizing banks. The Reconstruction Finance Corporation was effective at reducing the probability of bank failure and stimulating bank lending.The 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.he Reconstruction Finance Corporation initial money came from selling $500 million worth of stock bonds to the US Treasury. To obtain more capital, $1.5 billion bonds were sold again to the Treasury which was then sold to the general public.