Rail Economic Development Program:
The Iowa Department of Transportation
provides funds for construction or rehabilitation of rail spurs to
serve new or existing industries. The rail project must be a key to
the creation or retention of jobs.
Revitalize Iowa's Sound Economy
(RISE):
This program is administered by the
Iowa Department of Transportation for expenditures on city, county and
state highways to help attract new development or to support growth
with existing developments. Projects are evaluated on economic
potential and impact. Funding may be used in conjunction with other
sources of federal, state, local and private financing for the purpose
of improving area highways and specific access to roads.
Public Facilities Set-Aside
Program:
The program, administered by the Iowa
Department of Economic Development, provides financial assistance to
cities and counties to provide infrastructure improvements for
businesses which require such improvements in order to create new job
opportunities. The form of assistance is limited to grants to cities
under 50,000 population and counties for the provision of or
improvements to sanitary sewer systems, water systems, streets and
roads, storm sewers, rail lines and airports. Assistance is limited to
two-thirds of the total cost of the improvements needed. The emphasis
of this program is to increase the productive capacity of the state.
Priority will be given to projects that will create manufacturing
jobs, add value to Iowa resources and/or export out-of-state.
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