What is the fund?
- Grant Program offered by Iowa Economic Development Authority, Funded through the Community Development Block Grant (CDBG)
- Fund assists communities that plan for neighborhood revitalization
- Murray was 1 or 6 communities selected state wide for an initial $25,000 Grant
- All five communities will submit completed plans to IEDA by end of December 2024
- Three of the five plans will be awarded up to $1.7 million in grant funding to each town
- If selected, community must match 15% of grant value.