The Our Southern Indiana Regional Development Authority (OurSIRDA) has announced a change in the funding methodology it adopted recently for projects sharing $50 million in Regional Economic Acceleration and Development Initiative (READI) funding.

The change, announced by the group on Friday, could save a joint proposal by Hanover College and Ivy Tech Madison to develop a veterinary school that seemed in doubt last month while also providing slightly more money for a Destination Madison project.