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$7.4 million awarded to Iowa communities for community development and housing rehabilitation projects

June 29, 2017 (DES MOINES, IA) – Today, grant awards totaling $7.4 million were announced for 27 communities across the state.  The Iowa Economic Development Authority (IEDA) awarded the Community Development Block Grant (CDBG) program funds to support investment projects for community facilities, downtown revitalization and single family owner-occupied housing rehabilitation.

“The assistance we provide through the CDBG program allows us to make strategic investments in Iowa’s smaller communities,” said Debi Durham, director of the IEDA. “Thousands of Iowans will see rehabilitated housing, new community facilities and exciting enhancements in their downtowns as a result of these projects.”

The CDBG program is federally funded through the U.S. Department of Housing and Urban Development (HUD). The program enables communities to improve housing conditions for low-income homeowners, provide facilities for at-risk individuals and make transformative improvements to their downtowns.  IEDA is responsible for administering the CDBG funds in the non-metropolitan areas of the state. Applications are solicited annually, usually in January.

IEDA received 51 applications totaling $14 million in funding requests for this program.  The 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.

For more information on CDBG or other community programs, phone 515.725.3081, email nichole.hansen@iowaeda.com, or visit iowaeconomicdevelopment.com.

Media inquiries should be directed to Tina Hoffman at tina.hoffman@iowaeda.com or 515.725.3150.

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Download today’s awards:
www.iowaeconomicdevelopment.com/UserDocs/documents/IEDA/2017CDBGawards.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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