Iowa Data and Stories

State Fact Sheet

Map of Selected Projects in Iowa

Community Testimonials

Our community has benefited multiple times through the use of NMTC. When so few options exist to make the dollars and sense work on some revitalization and economic growth opportunities, this has been one that fits across multiple types of developers in the sector.

-Ali Parrish, Iowa Heartland Habitat for Humanity, Waterloo, Iowa

Selected Projects in Iowa

Wilson Lofts

Clinton,
IA
(2021)

Community, Culinary Entrepreneurship, Historic Rehabilitation, Housing, Makerspace, Mixed-use, Retail

CDE(s): Five Points Capital, Urban Action Community Development

NMTC Allocation supported the adaptive reuse of a historic building into a mixed-use housing and business incubator in Clinton, IA.

JB Swift

Otumwa,
IA
(2020)

Business Development, Manufacturing, Rural

CDE(s): Iowa Community Development

JB Swift is planning a $26 million plant rehab and expansion to add a smokehouse, blast chiller and expand slicing lines to its Ottumwa facility. The facility will make a

Steeple Square

Dubuque,
IA
(2020)

Business Development, Community, Daycare and Early Childhood, Historic Rehabilitation, Manufacturing, Youth and Families

CDE(s): Dudley Ventures

Steeple Square is the development of community and training campus and day care that will serve as a collaborative multi-tenant center, rehabilitating the former iconic St.

Tyson Foods

Storm Lake,
IA
(2019)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Iowa Community Development

Tyson Foods opens $50 million feed mill

BGCCI – Drake

Des Moines,
IA
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Iowa Community Development

Boys and Girls Clubs of Central Iowa provides a safe, supportive place, structured programs and caring staff. The club on Drake University's campus completes a new central path to reach

Youth & Shelter Services

Mason City,
IA
(2019)

Addiction Treatment, Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Incubator, Mixed-use, Nonprofit Hub, Rural, Shelters and Community Food, Youth and Families

CDE(s): Iowa Community Development

The renovation of the YSS Francis Lauer's 31,000 sq. ft. building located in Mason City, Iowa.

Musco Lighting

Oskaloosa,
IA
(2019)

Manufacturing

CDE(s): Iowa Community Development

The expansion of approximately 56,100 sq. ft. to Musco Lighting’s existing facility

Boys and Girls Clubs of Central Iowa

Des Moines,
IA
(2019)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Public School, Recreation, Schools, Youth and Families, Youth Program

CDE(s): Iowa Community Development

Three Boys and Girls Clubs expand in central Iowa, providing services from kindergarten through graduation

Des Moines Heritage

Des Moines,
IA
(2019)

Community, Historic Rehabilitation

CDE(s): Iowa Community Development

NMTC financing supported the creation of the Des Moines Heritage Center which was comprised of the restoration of the historic 1909 East Des Moines Union Depot and the construction of

Coralville Arena

Coralville,
IA
(2018)

CDE(s): Iowa Community Development

Iowa Arena in Coralville construction project received NMTC financing.

Eastern Iowa Community College: Davenport

Davenport,
IA
(2017)

College or Vocational Training

CDE(s): Iowa Community Development, Urban Research Park CDE

SCC Urban Campus renovated two currently vacant buildings to expand the current offerings of the Kahl Educational Center into a full-service community college urban campus that will mainly serve low-income

The 550 Building, L.C.

Cedar Rapids,
IA
(2017)

Mixed-use

CDE(s): Central States Development Partners

NMTC financing to support a refinance structure of a real estate holding company in its renovation efforts of a mixed-use development in a highly distressed area of Cedar Rapids, IA.

Site visits and recent news related to Iowa NMTC Projects

Des Moines History Buff to Turn Eistoric Train Depot into Museum Event Center

September 5, 2017