The Iowa Economic Development Authority is hosting a meeting in Fairfield on Thursday, September 21st. This is an informational meeting for those who are interested in learning more about how they can help their community grow. Economic growth may include the creation of additional jobs, growth of businesses, development of new housing units, increase property values or potential population growth.
The idea is that, through this workshop, vibrant downtown areas can be bolstered by the Catalyst Grant. This grant assists communities with the redevelopment or rehabilitation of buildings to stimulate economic growth or reinvestment in the community.
Funding is based on annual availability, and 40% of funds will be awarded to cities with populations under 1,500. $100,000 is the maximum grant given. Funds are available for the rehabilitation of one commercial building per community. If two buildings are under the same ownership and connected, they will qualify. Deconstruction is also an option, but only in dire situations or safety issues.
This meeting is scheduled for 10:00am-12:00pm at the Fairfield Public Library.
For more information, visit the link below.
Community Catalyst Building Remediation | Iowa Economic Development Authority (iowaeda.com)