$1.8 million Awarded to Iowa Communities for Remediation and Redevelopment Projects

April 5, 2018

For more information contact: 

Jacque Matsen, Iowa Economic Development Authority
Phone:   515.348.6245 
Email:  communications@iowaeda.com

$1.8 million Awarded to Iowa Communities for Remediation and Redevelopment Projects
Eighteen Communities Selected for Community Catalyst grants

April 5, 2018 (Des Moines, Iowa) — The Iowa Economic Development Authority (IEDA) today announced that $1.8 million in Community Catalyst Building Remediation grants will be awarded to 18 Iowa communities for the remediation or redevelopment of underutilized buildings to stimulate economic growth in the community. 

“These grants will be instrumental in the revitalization of communities statewide,” said IEDA Director Debi Durham. “Reinvesting in the redevelopment of buildings ultimately is about creating an environment where businesses and people can thrive.” IEDA Director Durham and representatives from IEDA made the announcement at an awards presentation during the Iowa Rural Development Summit being held in Grinnell. The grants will support local improvement projects such as façade upgrades, building rehabilitations and renovations. Cities are required to provide financial and/or in-kind resources to supplement these projects.

The Community Catalyst Building Remediation program is funded through an appropriation from the Iowa Legislature. This is the first year these grants are being made available via the IEDA and continued funding is based on annual availability. 

Last fall, Iowa cities approved through a pre-application process were invited to apply. Of the 53 applications received, 18 received the maximum grant award of $100,000. Scoring criteria was based on project impact, appropriateness, funding/partnerships and incorporation of sustainability/smart growth principles. Per program rules, at least 40 percent of the grants were awarded to cities with populations of less than 1,500.

In addition, the communities of Ackley, Eldon, Mapleton, Northwood and Oxford Junction received community technical assistance planning grants of $5,000 each.

2018 Community Catalyst grant recipients (applicant, population, project type, description, amount, total project cost): iowaeda.com/userdocs/documents/ieda/2018CommCatalystFunding.pdf

Photos of award recipients will be available at iowaeda.com/downtown-resource-center/community-catalyst/ after April 10, 2018. 

For more information about the Community Catalyst Building Remediation program, contact Jim Thompson at 515.348.6183 or catalyst@iowaeda.com.

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