Iowa Admin. Code r. 265-11.2

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 265-11.2 - [Effective 1/1/2025] Public benefit

Projects are approved for an Iowa main street loan if they demonstrate one of the following public benefits:

1. Rehabilitation of upper floor housing or commercial properties or new construction development on in fill vacant lots located in the downtown area of a participating city;

2. Housing in downtown areas located in a participating city; or

3. Stimulation of downtown area economic development within the context of historic preservation of the downtown area in a participating city.

Iowa Admin. Code r. 265-11.2

Amended by IAB June 2, 2021/Volume XLIII, Number 25, effective 7/7/2021

Adopted by IAB November 27, 2024/Volume XLVII, Number 11, effective 1/1/2025