The Main Street Iowa Challenge Grant is a program that provides funding to Main Street Iowa districts for building projects that contribute to the revitalization of their downtowns. The goal of the program is to encourage economic development and attract new businesses and residents to these districts.
Eligible projects must be located in a designated Main Street Iowa district and must have a clear economic impact. The maximum grant award is $100,000, and a dollar-for-dollar local match is required.
The Challenge Grant is a competitive program, and only a limited number of grants are awarded yearly. To apply, districts must submit an online application and a project narrative. The deadline for applications is typically in the fall.
Here are some of the benefits of the Main Street Iowa Challenge Grant:
If your building is located in a Main Street Iowa district, the Challenge Grant is a great opportunity to get financial assistance and help revitalize your downtown. I encourage you to apply.