• This is a grant program for Iowa cities to remediate or redevelop underutilized buildings to stimulate economic growth Key points: 1. Grant amount: Up to $100,000 per award 2. Two-step application process: - Pre-application deadline: 01/30/2025 - Final application deadline: 04/17/2025 3. Eligible projects: - Rehabilitation of one commercial building per community - OR two adjacent buildings with same ownership - Deconstruction allowed in dire situations/safety reasons Requirements/Notes: • City must be the applicant • Applications by invitation only after approved pre-application • 40% of funds reserved for cities under 1,500 population • Projects should demonstrate: - Potential for catalytic economic growth - Improved appearances & safety - Appropriate design standards - Well-funded plan - Potential for job creation, business growth, housing development, or population growth Contact: Jim Thompson, (515) 348-6183, Jim.Thompson@IowaEDA.com