Success Stories

SUCCESS STORIES

Iowa Community Development has assisted with allocating New Markets Tax Credit dollars to 24 different projects across the state since July 2007. These projects have significantly and uniquely benefited each of the communities they have impacted by creating thousands of jobs, reusing existing structures, and rejuvenating and adding new value to existing neighborhoods. Please see below for highlights from some of these projects.

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Youth and Shelter Services: Mason City

Youth and Shelter Services: Mason City

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Tyson Foods: Storm Lake

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Musco Lighting: Oskaloosa and Muscatine

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Hoyt Sherman Place: Des Moines

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Des Moines Heritage Foundation: Des Moines

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Boys & Girls Clubs of Central Iowa – Drake: Des Moines

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Boys & Girls Clubs of Central Iowa – Des Moines Schools: Des Moines

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ArenaCo: Coralville

ArenaCo: Coralville

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Eastern Iowa Community College: Davenport

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CNH Industrial: Burlington

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Des Moines Social Club: Downtown Des Moines

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Proliant: Harlan

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CRST Trucking: Cedar Rapids

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Novelty Iron Works: Dubuque

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Hy-Vee: Downtown Des Moines

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Kingland Campus Properties: Ames

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Wright on the Park: Mason City

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Swift Pork Company: Marshalltown

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Hawkeye Pride Egg: Corwith

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Roshek Building Redevelopment: Dubuque

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Hotel Julien Dubuque: Dubuque

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Project Big Bird: Sioux City

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Cambridge Investment Group: Fairfield

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Adler Theater: Davenport

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Village Place: Downtown Des Moines

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Riverpoint West: Downtown Des Moines

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Habitat for Humanity

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Pinnacle Foods: Fort Madison

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Physicians Clinic of Iowa: Cedar Rapids

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Winegard Company: Burlington

WHAT IS A NEW MARKETS TAX CREDIT?

HOW NEW MARKETS TAX CREDITS WORK