The local group, Save Our Square, has turned in an application hoping to receive $390,700 in grant funding from Iowa Great Places to help 15 buildings on the Centerville Square.
The grant application was due Nov. 1 and according to Pat McAfee from SOS, the grant winners will be informed on Dec. 21 if they have received a full or partial award.
“The community, particularly the building owners have really stepped up to the plate because it is substantial money,” said McAfee.
The grant is a 100 percent match, meaning that building owners have to contribute the same amount of money to their project as they receive in grant funding. This means if Centerville’s project is fully funded, there would be a total of $781,400 in investment in Square buildings.
“The building owners are the ones putting up the match money and the funding will be used to ensure that the structures of the buildings are sound and that their envelopes are enclosed,” said McAfee. “No leaking roofs, tight windows and doors and secure.”
The group also secured $35,000 in donations and more than 30 letters of support from individuals, businesses, local groups and organizations showing support for the project. The $35,000 will be used to pay for administrative costs of the grant as well as for a contingency fund for the projects.
“We’re just excited to have this opportunity because it doesn’t happen very often,” said McAfee.
If Centerville receives any grant funding, they will not be eligible to apply for another Iowa Great Places grant for five years. There are 17 communities vying for $1 million in Iowa Great Places grant funding this year.
According to McAfee, the projects range in size from $30,000 to $180,000 with a typical planned project being $50,000. McAfee said building projects that cost more than $50,000 are eligible to apply for historic tax credits since the Centerville Square is on the National Historic Register. McAfee said the group would be starting that application process now.
“Long term we are stabilizing the buildings on our Square to preserve our community,” said McAfee.
Krystal Fowler can be reached at email@example.com or by calling the newsroom at 641-856-6336. Follow her on Twitter @KFowler_Daily.