by Jen Reed
The City of Corydon will be hosting a Town Hall meeting on Wednesday, Nov. 10 at 6:30 p.m. at the Walden Park Clubhouse where grant opportunities will be the focus of discussion.
Following the visit to Corydon by Iowa Economic Development’s Jim Thompson, members from the Corydon City Council as well as Wayne County Development Corportation learned of community catalyst building remediation program and downtown housing grants that are available. With a focus on economic growth to new or existing businesses, community catalyst grants are available up to $100,000.
To qualify for the community catalyst building remediation program funds, the city must apply and provide financial and/or in-kind resources. The funds are available for the rehabilitation of one commerical building per community or two buildings with the same ownership that are adjacent to one another.
Those seeking funds from the downtown housing grant to create or improve housing units with less than 10 units are eligible for $100,000 to $300,000. Projects that would create 10-plus housing units would be eligible for $100,000 to $600,000.
Qualifications for this grant also require the city to be the applicant in communities with less than 30,000 in population from the 2020 census. The project focus must be the creation of a new upper-story housing in an existing downtown building. The project can include one building per community or two adjacent buildings within the same ownership. Other facilities that can be utilized include vacant school buildings or other large, underutilized facilities within the vicinity of the downtown area.
The City of Corydon along with the Wayne County Development Corporation would love to hear input from community members as they strive to help grow a stronger community and vibrant downtown area. These grants are available to individual and business owned buildings that fit the criteria mentioned above.