Submit Applications for Downtown Revitalization Fund – Iowa
The Downtown Revitalization Program (DTR) assists communities with impactful downtown exterior improvement projects that eliminate slum and blight conditions.
Donor Name: Iowa Economic Development Authority (IEDA)
State: Iowa
County: All Counties
Type of Grant: Grant
Deadline: 11/22/2023
Size of the Grant: $650,000
Details:
Projects include primarily front and highly visible side facades of commercial or mixed-use buildings in a traditional downtown setting. All non-entitlement cities, (under 50,000 population) are eligible to apply. Counties may apply on behalf of one or more of their non-entitlement communities.
Funding Information
The maximum grant amount is $650,000. Applicants must address blighted items on a minimum of eight buildings (addresses) to request a grant of $650,000 and a minimum of six buildings (addresses) to request anything less than the maximum.
Eligibility Criteria
Must be a City with a population less than 50,000 or a County in order to apply. Individual building owners are not eligible applicants, rather, Cities and/or Counties apply on their behalf.
The project must meet the U.S. Department of Housing and Urban Development’s Slum and Blight National Objective
To meet this objective, the application must document the extent or seriousness of deterioration in the area to be assisted, showing a clear adverse effect on the well-being of the area or community and illustrating that the proposed activity will alleviate or eliminate the conditions causing the deterioration
A comprehensive building survey as well as a city resolution is necessary to meet this national objective
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