MAIN STREET IOWA CHALLENGE GRANTS ANNOUNCED
HAILA Architecture | Structure | Planning among Thirteen Projects Selected for Awards
October 15, 2014 (Des Moines, Iowa) — The Iowa Economic Development Authority (IEDA) today awarded $928,000 in Main Street Iowa Challenge Grants to 13 communities around the state. The grants will benefit local improvement projects such as façade upgrades and restoration, upper floor rehabilitation, and remodeled spaces for expanding downtown businesses. The announcement was made during a ceremony held at the Des Moines Botanical Center today.
Haila Architecture Structure Planning was awarded $75,000 for the remodeling of their future office at 413 Kellogg in Downtown Ames.
“This is great for the Ames community and certainly for the Main Street Cultural District,” said Dan Culhane, President and CEO of the Ames Chamber of Commerce. “We are thrilled that people continue to choose to invest in downtown Ames because it has momentum which is principally the reason why the Ames Chamber of Commerce chose to move downtown late last year.”
“These challenge grants have proven to be catalysts for the revitalization of Iowa’s historic main streets,” said IEDA Director Debi Durham. “These projects represent the ongoing commitment the people of our state have to the revitalization of our historic downtown districts. Rehabilitated buildings create opportunities for new business in Iowa communities, and new businesses mean new jobs.”
The grants are administered through IEDA’s Iowa Downtown Resource Center and Main Street Iowa programs. The funding will be distributed in the form of matching grants to the selected Main Street programs. The estimated total project cost of the 13 projects is over $7.6 million.
“Main Street Cultural District remains honored to be a part of the Main Street Iowa program,” said Terry Stark, Main Street Cultural District Board President. “We work closely with many groups and volunteers to make Ames a great place to live, work and visit. We are especially grateful for support from the City of Ames and the Ames Chamber of Commerce and its affiliate groups. This will be a great rejuvenation project in a historical downtown Ames building. MSCD congratulates Haila Architecture and the Walters family on being awarded this challenge grant.”
“Each project must provide at least a dollar-for-dollar cash-match,” explained Main Street Iowa State Coordinator Michael Wagler. “Overall, these projects will leverage almost nine times the state’s investment into bricks and mortar rehabilitation.”
The Challenge Grant program is funded through an appropriation from the Iowa Legislature. Since the first appropriation in 2002, approximately $5 million in state and federal funds has leveraged over $34 million in private reinvestment in 97 projects in 42 Main Street Iowa commercial districts across the state.
Photos of recipients will be available at http://www.iowaeconomicdevelopment.com/IDRC/MainStreetIowa after October 17, 2014. For more information about the Main Street Iowa Challenge Grant program, contact Michael Wagler, State Coordinator, Main Street Iowa, at 515.725.3056 or email@example.com.