CDBG Downtown Revitalization Fund

Assisting projects that revitalize downtown areas

Community leaders can use this program to rehabilitate blighted downtown buildings.

The program is funded through the federal Community Development Block Grant program. The goal of this program is to provide economic opportunities for people, especially those of low- and moderate income.

  • Funding based on community population:
    • Less than 300 can receive up to $1,000 per capita
    • Less than 1,000 can receive up to $300,000
    • 1,000 and above can receive up to $500,000

Eligibility:

  • 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

How to Apply:

Program Contact(s)

Nicole Hansen
515.348.6215
cdbg@iowaeda.com

Ed Basch
515.348.6208
ed.basch@iowaeda.com

 

 

 
Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.725.3000
email: Email Us

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