Nuisance Property & Abandoned Building Remediation

Loan Program

Providing Loans to Help Keep Communities Safe

This program provides financial assistance to help communities demolish or remediate buildings and structures that are a hazard to public health and safety. 

  • Funds may be utilized for residential, commercial or industrial structures
  • May include properties at multiple sites and locations
  • Interest rates for this loan program range from 0% to 2% and vary based on the term of the loan
  • Loan terms may range from 12 to 60 months
  • Loans available through this program do not have a minimum or maximum amount
  • The Iowa Economic Development Authority evaluates loan requests and approves loan amounts based on application scoring and the amount of program funds available

  • All buildings made part of the project must be documented as representing a public nuisance through abandonment, chronic building code violations or dilapidation that is hazardous to public health and safety
  • Applicants must describe how demolition activities are tied to a community redevelopment effort
  • All Iowa communities are eligible applicants
  • Applications are accepted on an ongoing basis, as funds are available.  Please contact program administrator to determine if funding in available
  • Visit iowagrants.gov for application instructions and to apply for funds
For more information, contact:

Ed Basch

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