• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, March 23, 2023
The Iowa Torch
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
No Result
View All Result
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
The Iowa Torch
The Iowa Torch
No Result
View All Result
Home State Government

Six projects in Iowa receive $22 million in tax credits for historic preservation

Six projects will receive a combined $22.1 million from the state’s Historic Preservation Tax Credit program, the Iowa Economic Development Authority announced.

Mary StrokabyMary Stroka
February 14, 2022
in State Government
Reading Time: 2 mins read
Six projects in Iowa receive $22 million in tax credits for historic preservation

Four of the six projects receiving historic preservation tax credits are in Des Moines and Dubuque.

(The Center Square) – Six projects will receive a combined $22.1 million from the state’s Historic Preservation Tax Credit program, the Iowa Economic Development Authority announced Thursday.

RELATED POSTS

Reynolds signs two bills addressing transgender children

School restroom bill heads to Reynolds’ desk

Iowa House sends government reorganization bill to Reynolds’ desk

“This program helps Iowa’s historic buildings find new life, and I continue to be amazed at the quality of projects it attracts,” IEDA and Iowa Finance Authority Director Debi Durham said in the news release. “These projects preserve the past and help our communities create vibrant places for people to live and work.”

IEDA received requests from 20 projects that together requested $40 million in tax credits, the release said.

Projects are scored on readiness, financing and local support and participation.

The program provides state income tax credits to projects rehabilitating underused or vacant historic buildings while maintaining the buildings’ characteristics that enhance neighborhoods and communities, the release said. The work must meet the U.S. Department of Interior standards.

This round of awards will support Sioux City’s Warnock (Benson; $5.3 million) building, which used to be a car dealership and furniture company headquarters. It will be rehabilitated to include commercial space on the ground floor and 83 apartments on the upper five floors.

Des Moines’ vacant Howard Johnson Motor Lodge building ($5.0 million) will be turned into an 81-room hotel, with a full rehabilitation of the interior, new window and mechanical systems and improvements to patios and the parking lot.

ADVERTISEMENT

Des Moines’ The Grand Trees residential (market rate) project received approval for $4.0 million in tax credits. The buildings were constructed in 1923.

Dubuque’s historic Roshek Brothers building ($5.7 million), which once was a department store, will be renovated to expand office space. It includes a meeting area, fitness room, mail room, storage and space for new office tenants.

Dubuque’s Novelty Iron Works received approval for $238,024 in tax credits for its mixed use project.

The former, 101-year-old Winterset High School building ($2.0 million), which is on the National Register of Historic Places, will be turned into 27 affordable housing units.

The State Historic Preservation Office partners with the IEDA in administering the program. Applications for the next application round for large projects are due June 15.

Tags: Debi DurhamDes MoinesDubuqueIowa Economic DSioux CityState Historic Preservation OfficeWinterset
ShareTweetShare
ADVERTISEMENT
Previous Post

Miller-Meeks: Releasing Europe’s energy from Russia’s grip

Next Post

Iowa House bill making Daylight Savings Time permanent advances

Mary Stroka

Mary Stroka

Mary Stoka is a freelance writer, editor, journalist, and public relations professional who lives in Chicago, Ill.

Related Posts

Opinion

Curry: Where did Iowa’s local COVID relief funds go?

August 17, 2022
Laura Baumgartner appointed as City Clerk for Des Moines
Local Government

Laura Baumgartner appointed as City Clerk for Des Moines

July 19, 2022
traffic industry charging car
Opinion

Curry: Drive a Tesla, get free property taxes

May 3, 2022
Local Government

Des Moines ends mask mandate for city buildings

February 28, 2022
Local Government

Des Moines City Council to Conduct Public Hearing on Revised City Precinct and Ward Map

December 17, 2021
Local Government

City of Des Moines Collects $34.5 Million From Local Option Sales Tax in FY2021

October 20, 2021
Next Post
Iowa House bill making Daylight Savings Time permanent advances

Iowa House bill making Daylight Savings Time permanent advances

Schultz: The Amendment That Doesn’t Do Anything

Schultz: Modernizing Iowa's unemployment system

Sign-Up For Our Daily Updates

Get The Iowa Torch right in your inbox!

Please wait...

Thank you for signing up!

Recommended Articles

Fallen Officers Remembered During 2021 Iowa Peace Officer Memorial

Fallen Officers Remembered During 2021 Iowa Peace Officer Memorial

May 7, 2021
Reynolds Issues Mask Mandate, Additional Restrictions

Reynolds to End Iowa’s Public Health Emergency on February 15

February 4, 2022
Grassley: Biden’s Bloated Budget

Federal disaster declaration approved for 25 Iowa counties

February 24, 2022

Popular Stories

  • Iowa’s New Unemployment Rate Holds Steady, Overall Rates Rise

    Horn: It’s time for employers get serious about Iowa’s untapped workforce

    0 shares
    Share 0 Tweet 0
  • School restroom bill heads to Reynolds’ desk

    0 shares
    Share 0 Tweet 0
  • Ernst: Biden’s WOTUS whiplash.

    0 shares
    Share 0 Tweet 0
  • Regents Board President pauses new DEI programs at Iowa’s public universities

    0 shares
    Share 0 Tweet 0
  • Reynolds signs two bills addressing transgender children

    0 shares
    Share 0 Tweet 0

The Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans

Categories

  • Education
  • Federal Government
  • Iowa History
  • Local Government
  • News
  • Opinion
  • Politics
  • State Government
  • Uncategorized
  • Uncategorized

Newsletter

Please wait...

Thank you for signing up!

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.

No Result
View All Result
  • Home
  • About Us
  • Advertise
  • Contact Us
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.