FY2022

ECONOMIC DEVELOPMENT The Economic Development Division is charged with helping to grow the community, increasing the property tax base, and attracting new jobs. The division serves as a resource for businesses operating in or considering operating in Iowa City. The Economic Development Division is the municipal office to contact for business assistance in City of Iowa City. A division of the City Manager’s Office, they provide access to information and to individuals throughout the City organization and assist in pursuing new and expanding business endeavors. Working in cooperation with other City departments, the Iowa City Area Development Group and other local promotional organizations, the Economic Development Division assists developers and site selection consultants with specific commercial, office, and industrial development projects. This assistance ranges from helping businesses understand local regulations to determining available local public financial assistance. The Economic Development Division acts as a municipal resource for the business community.

HIGHLIGHTS

Recent Accomplishments:

Upcoming Challenges:

• Urban Renewal Amendments to facilitate TIF funded Energy Efficiency matching grants in Scott 6, Heinz Road, Sycamore and First Avenue and City-University Project 1 Urban Renewal Areas • First Climate Action Awards in categories

• Improve Black- and BIPOC-owned business support • Pandemics effects on economic and business landscape • Implement Tax Abatement Area • Promote TIF-funded Energy Efficiency grant opportunities • Tailwind redevelopment project

of Buildings, Adaptation, Waste Management, Transportation and Sustainable Lifestyle

• Building Change projects completed: MacDonald Optical, Target, “old Kresge” building façade renovations

Staffing:

FY2020

FY2021

FY2022

Total FTE’s

1.00

1.00

1.00

156