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John Pappajohn Iowa Entrepreneurial Venture Competition to Once Again Award $100,000 in Cash Prizes – Mix 107 3 KIOW
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A number of projects in downtown Cedar Rapids have been slowed by the coronavirus pandemic or a lack of funding. Now, the city is hoping funds from the Iowa Economic Development Authority (IEDA) could help get them moving.
According to the Gazette, Cedar Rapids is requesting $39.5 million for what the city calls transformational development in the downtown area. The city s proposal is the largest of ten submitted by cities in Iowa, with Dyersville the only other eastern Iowa city requesting funds. The money comes from Iowa s Reinvestment District program.
In Cedar Rapids, the city is asking for the money for six different projects, according to the Gazette. They are:
Cedar Rapids Asks For Almost $40 Million For Downtown Development
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