Thank you for your interest in the 2025 Main Street Iowa Challenge Grant. The Main Street Iowa Challenge Grant is a grant program provided by Main Street Iowa (MSI) and the Iowa Economic Development Authority (IEDA) for brick-and-mortar building projects. This 1:1 matching grant is for vertical infrastructure projects that contribute to the development of designated Main Street districts. Highly competitive applications include:
Comprehensive building rehabilitation projects that provide increased business, housing or job opportunities.
Projects that incorporate quality design and preservation-based strategies.
Projects that support local revitalization efforts and stimulate additional district investment.
Projects that are well planned and achievable within the two-year contract period.
Applicants may request funding for eligible one-time project expenses incurred and expended within the eligible funding period.
2024 Minimum Grant Request: $25,000
2024 Maximum Grant Request: $100,000
The District: Czech Village & New Bohemia (The District) is only able to submit one application from our district, so we are asking interested business/property owners to complete this application. The District will review all applications and determine which one to move forward with. We will be looking at:
Is the applicant eligible based on the Main Street Iowa Guidelines?
Is the project eligible based on the Main Street Iowa Guidelines?
Is the application complete?
Is all information requested provided?
Is the business/property owner in good standing with the City?
Does the project meet rehab/construction standards set forth by Main Street Iowa?
If selected, a representative for the project will work with The District to complete the full application. The final application will be reviewed by Main Street Iowa and Iowa Economic Development Authority and make awards based on information provided in the grant application. Projects will be scored and ranked according to the scoring criteria outlined in the application.
Phase 1 is due to The District by June 30, 2025 at 5pm. The District will review applications and announce which project we are moving forward with early August 2025.
Timeline:
Phase 1 application closes June 30th, 2025 at 5pm
Phase 1 applicants notified mid July 2025
Weekly meetings or phone calls to ensure application is complete
Challenge Grant application due September 2025
Challenge Grant award announcement October 2025