$26.88M goes to Destination Iowa projects, an additional $15M for rural Iowa
Business Record Staff Mar 11, 2023 | 2:48 am
1 min read time131 wordsAll Latest News, Economic Development
Iowa Gov. Kim Reynolds and the Iowa Economic Development Authority announced a $26.88 million grant funding for the final round of Destination Iowa, a $100 million investment in quality of life and tourism attractions. A total of 46 projects have been awarded grants, amounting to $115 million, which has spurred $480,265,783 in investment. An additional $15 million has been set aside for rural communities that did not receive grants in previous rounds. IEDA opened the Destination Iowa program in May 2022 and accepted applications through December, and applications were scored based on eligibility, completeness and the project’s ability to create transformational tourism attractions. The awards have been granted to cities, counties, nonprofits and other organizations through four separate funds: Economically Significant Development, Outdoor Recreation, Tourism Attraction, and Creative Placemaking.