State board expected to decide in June which projects receive $100 million in incentives Monday, May 24, 2021 11:01 AM The Iowa Economic Development Authority board is expected to decide at its June 18 meeting what projects will receive funding through the state’s Iowa Reinvestment Act program, according to a board spokesperson. Board members in late April heard pitches from supporters of six redevelopment proposals competing to use state tax revenue to pay for part of the projects. Backers of projects located in Des Moines, Urbandale/Des Moines, Cedar Rapids, Ames, Newton and Fort Dodge requested a total of $151.6 million in new tax revenue from the state. However, just $100 million is available.