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Reynolds announces $40 million for nonprofit projects helping Iowans in need

Gov. Kim Reynolds announced $40 million in grant funding for 24 projects through the Nonprofit Innovation Fund. 

Iowa TorchbyIowa Torch
September 15, 2022
in State Government
Reading Time: 2 mins read
Hendrickson & Williams: Governor Reynolds’ Tax Reform Ideas are Pro-Growth

Governor Kim Reynolds gives the condition of the state address to members of the Iowa Legislature on Jan. 11, 2022, at the State Capitol.
Photo Credit: The Des Moines Register/Pool

DES MOINES — On Wednesday, Gov. Kim Reynolds announced $40 million in grant funding for 24 projects through the Nonprofit Innovation Fund. The program, announced as a $20 million grant program in May, doubles the original investment in shovel-ready infrastructure projects that will enable Iowa nonprofits to expand services or help more Iowans. 

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“We received overwhelming interest in this unique grant program which highlights the passion of Iowa’s nonprofits and their positive impact on our state,” Reynolds said. “These grants will invest in innovative projects that will put Iowa’s nonprofits in a better position to serve those in need.” 

Funding will support projects statewide, including

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  • Cambridge: Youth & Shelter Services has been awarded $3,000,000 toward the development of a youth recovery campus with emergency shelter, crisis stabilization, and residential addiction treatment for adolescents and young adults. The campus will provide a nature-focused setting and trauma-informed care. The award represents 17 percent of the total project cost of $17,992,000. 
  • Centerville: Centerville Betterment Community, Inc. has been awarded $650,000 for a larger facility to expand services for individuals with mental health and intellectual disabilities. The award represents 50 percent of the total project cost of $1,300,000. 
  • Cherokee: Centers Against Abuse and Sexual Assault has been awarded $515,295 to repair and update New Leaf, a thrift shop whose proceeds benefit survivors of sexual assault. The award represents 90 percent of the total project cost of $572,550. 
  • Des Moines: Center at Sixth has been awarded $3,000,000 to purchase commercial space in the 6th Avenue neighborhood for a nonprofit incubator where entrepreneurs from diverse backgrounds will have access to mentors and tools to grow their businesses. The award represents 84 percent of the total project cost of $3,579,876. 

IEDA began accepting applications June 27. Eligible expenses for infrastructure projects include construction costs, acquisition, site development, engineering and architectural services. Funds must be obligated by December 31, 2024. For more information on the Nonprofit Innovation Fund, visit iowaeda.com/nonprofit-innovation-fund/. 

Funding for this grant opportunity is made available through the federal American Rescue Plan Act. 

See the list of projects below:

nonprofitInnovationFundRecipients

Tags: American Rescue Plan ActIowa Economic Development AuthorityKim Reynolds
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The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans.

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