Web29 jun. 2024 · Iowa might provide $100 million toward capital investment projects across the state through the Iowa Reinvestment District Program, the Iowa Economic Development Authority announced in a news ... Web9 apr. 2024 · In Des Moines’ case, a 25-acre reinvestment district also includes the renovated Randolph Hotel and the Fourth + Court development with a Hy-Vee and apartments. The added retail sales tax and hotel-motel taxes from the district will repay the state over 20 years, under the standing agreements.
Iowa Reinvestment Act
Web28 jun. 2024 · The Merle Hay Mall Reinvestment District received a provisional $26.5 million for its $122 million capital investment proposal while the Des Moines Capital City … Web23 feb. 2024 · The Ames City Council approved the final application for the Iowa Reinvestment District, a crucial step to fund the future indoor aquatic center. Days before its submission, Ames Housing and Planning Director Kelly Diekmann presented the final application that could earn the city $10 million in tax rebates over 20 years. chip in sneakers
Reinvestment District Program Sparks New Life in Iowa …
Web10 mrt. 2024 · At their meeting on Friday, March 17, the Iowa Economic Development Authority (IEDA) Board provided final approval on a reinvestment district plan for Newton. The board approved the maximum benefit amount of $14 million for the Newton Legacy Reinvestment District. Web8 apr. 2024 · The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was … Web13 okt. 2024 · In addition to 53 percent reinvestment district funds, the Catalyst Development project — which affects Buildings 1,2, 16 and 20 — would be given a rebate of all the local hotel/motel tax ... grantrow limited