With a $9 million award from the state to fuel key developments, Cedar Rapids will use Reinvestment District program funds on public projects. Though still in the works, it appears the Guaranty Bank redevelopment and Paramount high-rise will have to find funding elsewhere.
Responding to increased consumer demand for custom meats, the Iowa Economic Development Authority awarded 15 grants Friday to small-scale meat processors.
The U.S. Commerce Department has awarded Iowa a $5.3 million grant to pay for tourism and outdoor recreation marketing to encourage out-of-state people to visit Iowa after the pandemic.
There is a shortage of affordable housing in Iowa, and the problem will worsen as the state’s population grows. To ensure workers have places to live and keep businesses in town, Iowa cities are leveraging local and state resources to spur new housing development and fuel the economy.
The central Iowa city has spent the past 14 years reestablishing itself after Maytag, the washing machine manufacturer that at its peak employed more than 3,000 people, left the city in 2007.
Magna International’s subsidiary Williamsburg Manufacturing received a state tax credit for a $46 million project that will create 521 jobs.
Iowa Economic Development Authority gives the Cedar Rapids company almost $180,000 in tax credits and loans.
Iowa Economic Development Authority gave $100,000 grants to 26 rural communities across the state to revitalize downtown districts.
The Grill Works in Marion has been selected as a finalist for an Iowa Economic Development Authority statewide award.
Iowa Economic Development Authority approved $685,785 in tax credits
Member Marketplace sees accelerated growth during COVID-19, catches attention of other states
Funding expected to create or retain 463 jobs through Iowa EdTech Accelerator
$50,000 for Debi Durham and $46,000 for Paul Trombino is retention pay because leaders were already at their maximum state salaries, Reynolds says
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