The Iowa Economic Development Authority has announced two competitive funds available for rural communities with a population under 20,000. Specifically, funding of up to $400,000 has been allocated to two funds for current fiscal year current and next fiscal years. $300K for Rural Innovation Grant Program intended to support creative, non-traditional ideas that focus on current issues and challenges faced by rural communities associated with the themes of community investment, growth and connection. $100K for Rural Housing Assessment Grant Program meant to support the use of publicly available online information through the “Profile of Iowa” tool as well as to implement through changes to development codes, local ordinances and housing incentives specific to community needs.
Applications for FY 2021 are currently being accepted via iowagrants.gov and are due by April 16th. They will be scored by a volunteer panel that will include the Governor’s Empower Rural Iowa Initiative Task Force members and expert professionals. Successful applicants will be informed in June.