The Iowa Economic Development Authority has two new funds to help pay for the restoration or demolition of dilapidated state-owned buildings. The state has $3 million in the forgivable loans fund for rehabilitation work, and $3 million for grants for demolitions. “There is at least one building in every community that needs addressed. It’s the one everybody discusses but doesn’t know what to do about,” said Debi Durham, director of IEDA and the Iowa Finance Authority. “Now, if that building is state-owned, we have resources available to help communities explore growth, revitalization and development to help these buildings provide a community benefit once again.” Details are available here.