JEDCO Funding Programs
Jasper County Economic Development Corporation has two funding programs available for JEDCO communities: the Jasper County Facade Improvement Program and the JEDCO Small Grants Program.
For more information about these programs, contact Jeff Davidson, Executive Director, Jasper County Economic Development Corporation (JEDCO) at jedcoiowa@gmail.com.
Jasper County Facade Improvement Program
The Jasper County Facade Improvement Program provides matching funds to business owners within the downtown commercial areas in JEDCO member communities (Baxter, Colfax, Kellogg, Lynnville, Mingo, Monroe, Prairie City, and Sully) for facade improvements. The purpose of the Jasper County Facade Improvement Program is to support the revitalization of business districts in small towns by stimulating private investments that enhance the appearance of buildings and properties and encourage business expansion and creation.
Click here to download the Facade Improvement Program Guidelines and Application.
You can see recent Facade Improvement projects here.
JEDCO Small Grants Program
The goal of the Jasper County Economic Development Corporation (JEDCO) Small Grants Program is to provide financial assistance to JEDCO member communities for economic development projects that increase the property tax base and/or create jobs. Current Jasper County Economic Development Corporation (JEDCO) members who are in good standing are eligible to apply for funding. Applications must be submitted by a current JEDCO Board member.
Click here to download the Program Guidelines and Application.
Category: Local Incentives
The Business Property Tax Credit is part of the 2013 property tax reform bill. This credit is available for certain commercial, industrial and railroad properties. The credit is applicable to individual parcels as well as “property units” (contiguous parcels of the same classification that are...
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Colfax Main Street operates a revolving loan program for local Colfax businesses and industries. This program provides low-interest loans for projects that will create new jobs, support business maintenance and expansion, or create new business options. Any business or industry located within the City of...
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The City of Monroe has a grant program for improving the facades of buildings in downtown Monroe and the adjacent area. For more information contact Monroe City Clerk Kim Thomas.
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Purpose: To assist property and business owners with building improvements that will enhance the downtown experience and community aesthetics while preserving the historic character of the buildings.
Eligibility: All commercial buildings and businesses in the Main Street District are eligible. The applicant must demonstrate...
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The Downtown Revitalization Incentive Program offers up to $15,000 for making eligible interior and/or exterior improvements to property in the Downtown Revitalization District.
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Through the Prairie City Revitalization Plan, business owners may be eligible for exemption from some or all property taxes for improvements made to a qualifying property. The owner will still be responsible for paying taxes on the initial value of the property, and will only...
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The City of Prairie City invests in the future of the community through Tax Increment Financing (TIF). With TIF, Prairie City may take an increment of projected property taxes earned through improvements made by a developer, and rebate all or a portion of the money...
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The City of Prairie City offers a $3,000 grant to eligible property owners who wish to demolish substandard, deteriorated, or dilapidated buildings that are vacant and located within city limits. If approved, the grant covers costs for demolition, debris removal, and site grading.
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