Amendment H-8238 to HF 2564
Making appropriations to the department of cultural affairs, the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, the state board of regents and certain regents institutions, providing for properly related matters, and including applicability provisions
Adopted · March 24, 2022
Filed March 23, 2022 in the House by
What it changes
AI summary This amendment adds a new program called the Community Catalyst Building Remediation Program. It creates a fund for the economic development authority to give grants to cities and counties to fix up underused buildings.1
Read the amendment’s wording
- Page 26, after line 6 by inserting: “DIVISION ___ COMMUNITY CATALYST BUILDING REMEDIATION PROGRAM Sec. ___. Section 15.231, subsection 1, paragraph a, Code 2022, is amended to read as follows: a. The economic development authority shall, pursuant to section 15.106A, subsection 1 , paragraph “o” , establish a community catalyst building remediation fund for the purpose of providing grants to cities and counties for the remediation of underutilized buildings. The authority shall administer the fund in a manner to make grant moneys annually available to cities and counties for the purposes of this section . Sec. ___. Section 15.231, subsection 2, paragraph a, Code 2022, is amended to read as follows: a. The authority shall use moneys in the fund to provide grants to cities , and to counties that have an unincorporated area within the county in which at least three commercial buildings are located, for the remediation of underutilized buildings. The authority may provide grants under this section using a competitive scoring process. Notwithstanding subsection 3 , an emergency project shall be eligible for a grant under this section . Sec. ___. Section 15.231, subsection 2, paragraph b, subparagraph (2), Code 2022, is amended to read as follows: (2) “Unique and immediate opportunity” means remediation of an underutilized building is time-sensitive and remediation is reasonably expected to result in economic growth for the city or the county in which the underutilized building is located. Sec. ___. Section 15.231, subsections 4, 5, and 6, Code 2022, are amended to read as follows:
- The authority shall enter into an agreement with each city or county for the receipt of grants under this section . For a city or county to receive grant moneys under this section , the agreement must require the city or county to provide resources, including financial or in-kind resources, to the remediation project. The authority may negotiate the terms of the agreement.
- In providing grants under this section , the authority shall coordinate with a city or a county to develop a plan for the use of grant moneys that is consistent with the community development, housing, and economic development goals of the city or the county . The terms of the agreement entered into pursuant to subsection 4 and the use of grants provided under this section shall reflect the plan developed.
- If a city or a county receives a grant under this section , the amount of any lien created for costs related to the remediation of the building shall not include any moneys that the city or the county received pursuant to this section .”
- By renumbering as necessary.