Downtown Revitalization Fund

The CDBG Downtown Revitalization Fund provides grants to communities for a variety of projects and activities contributing to comprehensive revitalization in historic city centers. The Downtown Revitalization Fund provides grants to communities for a variety of projects and activities contributing to comprehensive revitalization in historic city centers. To date, the program has funded façade improvements to privately owned buildings.

All incorporated cities and counties in the state of Iowa, except those designated as HUD entitlement areas, are eligible to apply for and receive funds under this program. The maximum grant award is $500,000. Communities with populations less than 300 are limited to $1,000 per capita. Cities with populations between 300 and 999 may receive up to $300,000. Cities with populations of 1,000 or greater may receive the maximum award.

Applications are evaluated on the following criteria:
  • The project must meet a CDBG national objective;
  • It must be eligible under the CDBG program;
  • Positive impact on the community;
  • Readiness to proceed with the proposed activity and likelihood that the activity can be completed in a timely fashion;
  • Level of community support for a downtown revitalization effort;
  • Degree to which downtown revitalization fund assistance would be leveraged by other funding sources and documentation of applicant efforts to secure the maximum amount of local support for the activity;
  • Degree to which the activity meets or exceeds the minimum building and site design criteria established by IEDA to be eligible for funding;
  • Level of planning completed for comprehensive downtown revitalization efforts.
Applications for the CDBG Downtown Revitalization Fund must meet HUD’s slum and blight national objective. To address the slum and blight national 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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Prior to submitting an application on IowaGrants.gov, you MUST contact either Project Manager Ed Basch at Ed.basch@iowa.gov or 515.725. 3012 or the Community Investments Team Leader at Nichole.Hansen@iowa.gov or 515.725.3081

For more information:

Nicole Hansen
515.725.3081
Nichole.Hansen@iowa.gov