Search Icon
SEARCH IEDA

Awards: Main Street Iowa Challenge Grants Announced

For Immediate Release

 

For more information, contact:

 

Tina Hoffman, 515.725.3150

 

 

MAIN STREET IOWA CHALLENGE GRANTS ANNOUNCED

Nine Communities Selected for Project Awards

 

January 28, 2012 (Des Moines, Iowa) — The Iowa Economic Development Authority today announced that $430,000 in HUD Challenge Grants will be awarded to nine Iowa communities through a fund administered by the Iowa Downtown Resource Center and Main Street Iowa.  The funding will be distributed in the form of grants to the selected Main Street programs.  The estimated total project cost of the nine projects is more than $1.2 million.

 

Governor Terry E. Branstad and Senator Tom Harkin joined representatives from the Iowa Economic Development Authority and Main Street Iowa to make the announcement during a special check presentation ceremony held at the Des Moines Botanical Center. The grants will benefit local improvement projects such as repair of front and rear façades of downtown buildings, interior rehabilitations; restoration of historic downtown landmarks; accessibility improvements in historic properties and renovation of upper floor living spaces.

 

“Iowa’s Main Streets are where people come together, where small businesses prosper and the local economy thrives. Preserving them means investing in the projects that make our Main Streets what we love about Iowa,” said Senator Tom Harkin (D-IA). “With the challenge grants announced today, these towns and communities will have the resources to do just that by restoring buildings, maintaining historic landmarks and taking on projects that benefit the local area. I am proud to have been able to deliver funding for this program.”

 

Governor Terry E. Branstad said that “HUD/Main Street Iowa challenge grants provide a valuable tool for economic development and historic preservation in the historic commercial districts of Main Street Iowa communities. They have consistently demonstrated impressive local financial match, growth of new small business and the preservation of Iowa’s unique sense of place found on Main Streets throughout the state.”     

 

The Challenge Grant program is funded through an appropriation from the U.S. Department of Housing and Urban Development (HUD).  Since the first appropriation in 2002, this program has awarded a total of $4.9 million and has leveraged approximately $36.9 million in local investments.

 

Photos of recipients will be available at www.iowaeconomicdevelopment.com/community/mainstreetiowa/ after January 31, 2012.  For more information about the Challenge Grant program, contact Thom Guzman, Director, Iowa Downtown Resource Center, at 515.725.3058 or mainstreet@iowa.gov.

 

WHO:

·         Iowa Downtown Resource Center / Main Street Iowa

·         Governor Terry E. Branstad

·         Senator Tom Harkin

 

WHAT:  HUD Main Street Challenge Grant Announcement

 

WHEN:  January 28, 2012 / 10:30 a.m. - 11:30 p.m.

 

WHERE: Des Moines Botanical Center, Willow Room

 

 

###

 

A list of recipients follows

 

2012 HUD Challenge Grant Recipients

 

Community/Program

Building / Address

Award amount

Czech Village/New Bohemia (Cedar Rapids)

1113 & 1117 3rd Street SE

$50,000

6th Avenue Corridor (Des Moines)

1548 8th Street

$50,000

Main Street Manning

307 ½ Main Street

$50,000

Marshalltown Central Business District

105-107 West Main Street

$50,000

Main Street Ottumwa, Inc.

221 East Main Street

$50,000

State Center Development Association, Inc.

110-112 Main Street

$50,000

Main Street Washington

210-212 South Marion Avenue

$50,000

Main Street West Branch

109 West Main Street

$30,000

Main Street Woodbine

505, 509 & 511 Walker Street

$50,000

 

Sign up to receive news updates

 

 

 
Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

Questions?
Drop Us a Line.

Stay Informed.
Sign Up to Receive Updates.
Emails highlighting economic development news, program updates and upcoming events.