Business resources
State and Local Incentives
Explore information related to Iowa’s and the Cedar Valley’s tax climate, as well as incentives for your business.
Community Catalyst Building Remediation Program: Assists communities with the redevelopment, rehabilitation or deconstruction of buildings to stimulate economic growth or reinvestment in the community
Employer Child Care Tax Credit: Encourages businesses to invest in childcare solutions
Destination Iowa: Helping Iowa communities to advance sense of place and tourism
Downtown Loan Guarantee Program: Encourages Iowa downtown businesses and financial institutions to reinvest and reopen stronger following COVID-19. Provides financial assistance in the form of loan guarantees for eligible downtown revitalization projects
Enhance Iowa: Grant funds to assist projects that provide recreational, cultural, entertainment and educational attractions, as well as sprots tourism
High Quality Jobs Program: Provides qualifying businesses assistance to off-set some of the costs incurred to locate, expand or modernize an Iowa facility.
Historic Preservation Tax Credit: Tax credits to developers who sensitively rehabilitate historic buildings to offer them new life
Major Economic Growth and Attraction (MEGA) Program: For certified site 250 acres or larger and for companies with $1 billion proposed project costs
Nuisance Property & Abandoned Building Remediation Loan Program: Financial assistance to help communities demolish or remediate buildings
Opportunity Zones: Tax incentives to encourage long-term, private investments in low-income census tracts
Redevelopment Tax Credits for Brownfields & Grayfields: Tax credits for redevelopment properties known as brownfield and grayfield sites
Workforce Housing Tax Credit: provides tax benefits to developers to provide housing in Iowa communities
Community- Based Housing Revolving Loan Fund: provides loans to those serving a target population of Medicaid members enrolled in or eligible for Home and community based intellectual disability and or brain injury waivers.
Home and Community based services revolving loan program: aids with the development and expansion of facilities and infrastructure that provide health and wellness programs, health screenings, nutritional assessments, adult day services, respite services and congregate meals for low-income individuals
HOME program: assist with a wide range of affordable housing initiatives, including homebuyer, tenant-based rental assistance and rental projects.
Housing Tax Credit Program (LIHTC): provides a federal tax credit incentive for the development or preservation of affordable rental housing
Multifamily Loan Program: provides affordable financing options to property owners and developers to assist in the preservation of existing affordable rental units and to foster the production of new affordable rental homes in Iowa
LIFTS Program: address gaps in multimodal funding to assist in bolstering the freight transportation system
Rail Development Assistance Programs (RRLGP): aid railroads for the preservation and improvement of the railroad transportation system.
Revitalize Iowa’s Sound Economy (RISE): Targeted program to promote economic growth thought he establishment, construction and improvements of roads and streets.
Voluntary Shared Work Program (VSW): Iowa’s version of short term compensation and is a tool available to employers intended for use as an alternative to layoffs during a decline in regular business activity.
Rapid Response Services: A service to quickly coordinate services for companies and affected workers who are affected by a business closing or mass layoff.
Iowa Industrial New Jobs Training (260E): Provides funding to businesses for employee training and development if new positions or new jobs are created within the state.
Iowa Jobs Training Program (260F): Helps businesses fund training for current employees by providing workers with resources to maximize skills and productivity.
Accelerated Career Education (ACE) Program: Provides Hawkeye Community Colleges with the ability to establish or expand programs that train individuals in the occupations needed by Iowa businesses.