Iowa Admin. Code r. 261-65.6

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 261-65.6 - General procedural overview

(1) Subject to availability of funds, applications to the brownfield redevelopment program will be accepted, reviewed and scored by economic development authority staff and by the advisory council on an annual basis. Brownfield redevelopment funds will be scored on a competitive basis by the council, which will make recommendations on award amounts to the board.

(2) Subject to availability of funds, applications to the redevelopment tax credits program for brownfields and grayfields will be accepted and reviewed by economic development authority staff and scored by the advisory council on an annual basis. For the fiscal year beginning July 1, 2014, applications must be received by March 1, 2015. For each fiscal year thereafter, applications will be accepted beginning on July 1 and must be received by September 1. Subject to the availability of funding, the authority may set additional application deadlines after September 1 and before the end of a fiscal year.

(3) Applications for all forms of financial assistance will be reviewed by staff for completeness and eligibility. If additional information is required, the applicant shall be provided with notice, in writing, to submit additional information. Recommendations from the advisory council will be submitted to the board. The board may approve, deny or defer an application.

(4) Application forms for the brownfield redevelopment program and the redevelopment tax credits program for brownfields and grayfields are available on the authority's website.

(5) The authority may provide technical assistance as necessary to applicants. Authority staff may conduct on-site evaluations of proposed activities.

Iowa Admin. Code r. 261-65.6

ARC 7844B, lAB 6/17/09, effective 7/22/09; ARC 9746B, lAB 9/7/11, effective 8/19/11; ARC 0007C, lAB 2/8/12, effective 3/14/12

Amended by IAB January 21, 2015/Volume XXXVII, Number 15, effective 2/25/2015

Amended by IAB January 11, 2023/Volume XLV, Number 14, effective 2/15/2023