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$21.8 million awarded to Iowa communities for infrastructure and housing development projects

For more information contact:
Tina Hoffman, Iowa Economic Development Authority
Phone: 515.725.3150, mobile 515.783.8225
communications@iowaeda.com


$21.8 million awarded to Iowa communities for infrastructure and housing development projects

Des Moines, IA (April 21, 2015) – Awards totaling $21.8 million were announced today for 57 communities across the state. The Iowa Economic Development Authority (IEDA) awarded the Community Development Block Grant (CDBG) funds to support 58 community investment projects. The federally funded grants were awarded for community facilities, infrastructure improvements, downtown revitalization and single family owner-occupied housing rehabilitation.

“Using these federal funds in all areas of our state, we are able to make strategic investments in Iowa’s smaller communities to assist them in becoming development-ready,” said Debi Durham, director of the IEDA. “As a result of these projects, thousands of Iowans will see infrastructure improvements, rehabilitated housing, new community facilities and exciting enhancements in their downtowns.”

These funds enable communities to make needed improvements to water and sewer systems, improve housing conditions for low-income homeowners, provide facilities for disabled and at-risk individuals and make transformative improvements to their downtowns.

IEDA received 108 applications for these funds, totaling $38.9 million in requests.  Grants are awarded based on benefit to low- and moderate-income persons, slum and blight elimination, financial need, project impact and readiness, and commitment of local resources to the project.

The Community Development Block Grant program is federally funded through the U.S. Department of Housing and Urban Development (HUD).  IEDA is responsible for administering the CDBG funds in the non-metropolitan areas of the state. Applications are solicited annually, generally during the fall.  For more information on CDBG or other community programs, phone 515.725.3081, e-mail Nichole.Hansen@iowa.gov, or visit iowaeconomicdevelopment.com. Media inquiries should be directed to Tina Hoffman at communications@iowaeda.com or 515.725.3150.

A list of funded projects follows.
www.iowaeconomicdevelopment.com/UserDocs/2015CDBGawards.pdf

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