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See the Potential on Central Brochure Copyrighted September 3, 2019 City of Dubuque Consent Items # 5. ITEM TITLE: See the Potential on Central SUM MARY: City Manager providing a copy of the See the Potential on Central public information brochure. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File ATTACHMENTS: Description Type See the Potential on Central Brochure Supporting Documentation —�.. �� F � � : I . I . I rn �-�;- �, p . ' , `r I I I I �' 'L � � s-,j � - � ; � �, G::-. ._ _-���� _� � I I I yk.. - ,���. a F�. �, - I I I ( c - R` . �+�� ., �` _� _ , �y . ( � I I I �= � �! � 4Q • � ' • ,.� �--F y, � I t, ` ; - - :v_ ...�.:. _ i �i� ` ',,, = ��� � � � � � � , � - � .-: . - — I I � � . , �`,,; � -- _,— I � � II � I 1 _—, ;,. i _.. ;,'� � _ � � , �� �. _�--� s = ��,,� � � � � � _ -�_ > - -- � = � � i_ T ,, . ,, '� �*• —. � I I � � ( � _ ` � r .y� I I I I I � < , j - n_ - ��' ''� � � �J �// ' ,� _.��'�C"• I I I I I I ( � /////� � � _� � = Y " -- :-�, , , � _ •� �4 i� � �� � ' SEE THE � '� � _-- - 0 N I � , _ - ��� �► � � � - i � 0N __ �� _ � _-== ; - � �� - . � - __ �- � � .- , � , � _ � _ - _. _. � - . _ � .� - _ � ,! � .. _. r " �:�},� t � . _ �� -�� ; � � /��f�.:,�' ' �,,.. : ': �� ` . , .� � �`� �C'.�:"'�"`-'-�; .1 �` -- r� •T l! �; y \ '�= �. +�; ,, 4"��. �,yr�` +�,;o�"�-- -- - - �: k�`' �� � � � J - � - = � � , � _ r � __ _ — A -� � � - � :. � _ , � --� � �� �"� - //////////// � � � -. �- � ////// ,'�,�'"�. ,� _ _ — �.� � : � ' - '-� - �..._.� - - - _�.,- .,;- < ;',.� :�� . � ... .�.� _ .. . _ .. . :. -- , � �,_._ � �:, . . _ _ _ . � � � � il ���= f . y � � � � � � - + `` , Central w Corridor I � I � I : :. _ . � _ - ° ve�ye�Reaewa/ _ I � I � - : � I I I I I 'f ,� D L a u o u e � - � � r:: - MAI Iv - - - � I � � I � � �� , i STREET ., ._ _ .. _. _, _.. � _, `� , � I � I I � I I - i: �,a� .: .. � ... �%j;� ��� — - - - - - - - - - - — � � — — — — — — — — — — — — - � � `� �fi " 5 — - - - - - - - - - - — - � — � — � � � — � — � — - //////////// �///// ♦� � �I _ 6 _ vacant storefronts permanently filled � �� I 1 ; by,june 30, 2020 a����ta��a� ���f��� is an initiative led by Dubuque \` /� �� facade renovation projects � Main Street to encourage economic �� by June 30, 2020 revitalization of the Central �• • • . 1�venue Corridor through business : � � �; upper story living units created ; • by June 30, 2020 micro-recruitment, support of . ,• historic property renovation and � � � neighborhood promotion. " 6 " Main Street Loan Pool Loans by December 31, 2019 �� :� ,;� - �; � �� � 1 j . ., �__ ��'_� i � " i` � a�",� .. ., l ,r � , :..� �```� � ��''..� :\ �/( ���� f ��� ,) ���_!- � { ' — :}'. �� � � I � � F � ` iii � iioiiiei r� � I I ' ( I � I ��,ry-.� I � I � MISSIOIV STATEMENT: I I I I I I I � I I ( I � t � _, � Q .�, _, � _,. �, �,�.� .,�, , �. � I � I I I ( � I I ( I I y, - t � � . � I I � I I ( � ( ' � � i � � - .: � ., s. :, � - I I ( I I I I I � � � � . �a _ �,._-,�_:.�. � � I ( � � � I � � ( ( � - I I � I I I I I `��� �; ; �s � � � � � � . t '' � ) I � � ( � I � � I I , , ' ( I I I I � ( I I ( � _ : � y � :�.�: � I_ 1 .� I ,I � e I � I IM.,.__ _ , —� — -- _��_�� ��� __�_� . _ . ' I � A'ey� — E .t. � � �� � �,� � � � �� �s`. --= -- Ce��r �` `-- � u j//�//////// _ /// � - _ ; _ _- �` 'a I � ` � . �- " .-_ I �-g- - � ,;- = f TOOLS��'01.1,600R�TION-$PQGE I � � �y ��-J__ ' — �a��"7a '_,.L.7'�` -- . , ���'�li;' " � ._- , ! � �' � � �"� � IKE i f�;.^ � � '�i.Yi'..st � � �� ��-LS.pf�,R'CJ . � '� �MP..x'Y... � . AYZ.. �.�J ." ' �.s�w i w`ir-:..,.• ���11 :rs-_n„ .. L Yw�• . _- � w!� _ :-- .... �� ;ey-r {" -�-x Ci. ` � T"�_—_� _ �.. . ' r - . . .S�_ .. . �-. � � f __—-- . � �� - - --- +��-' , r__ _ �_�r_ � } �__ : _ * _�_ 2 _�-t �' ��i' � —�- - . - - . . _ �,r - � -- _ ._� ;s--���. � � _._ - _ _ _ _ ��; _ " � _ � ��{I� _ � _.� i - :- _�� - � �� �� � � - � � _ .� � � +...�.., ..�.....�.. 1 _ : _- - � � :�--.-T_ _ _ _ _ _ �r � �� _ - � _ - _ _ � , � __ _ � . _ _ ■ �� , � . � _ t �----� ,� = - ' .�..��;:-:n..� _._ _ ' ' __ ` - .. ' ��-_ = —_ _-_ : _ - - - . - - ���i�►il I���%�.� - _ � �; UP�C�YC�, DUBUQUE .�,F �';�:: l:�i� // :: =-� � -. ��o i� w //////////// =� � � _' �U il� //// � � 3 . _ , �Il _-� � ��:�' `� � � - .,r t , __:� �..�.._�� - ���; J L'!� �� tiC � t � - - -- ��L.,��i 9 `�t-- - - --- �--.--�- .- - — — - = - - � ;__ _ -- --- - ,�� �. � � _ � . - -=r: ._ _ l�. - -- - - � � ����_ -_ _ _ - -_ �. - _ ._ _ - ��— — - _A�; . - - � -� .,. -. .- _ . _ .__. . _, r��--Q.:�.._.,. . `::�°°°u►�``. � ���'�.,.k:__ � � � � � � � � � DUBUQUE MAIN STREET LOAN POOL—subsidized loan interest rate loan(up to $250,000.00)program tied to historic renovation projects. DUBUQUE MAIN STREET/MAIN STREET IOWA CHALLENGE GRANT PROGRAM—Economic development grant up to $75,000.00. DUBUQUE MAIN STREET FA�ADE PROGRAM—Free design assistance for fa�ade renovation. CITY OF DUBUQUE FA�ADE GRANT PROGRAM—Up to $10,000.00 for historic fa�ade renovation of commercial properties. C1TY OF DUBUQUE FINANCIAL CONSULTANT GRANT PROGRAM—Up to �15,000.00 for financial consulting and feasibility studies. CITY OF DUBUQUE PLANNING AND DESIGN GRANT PROGRAM—Up to �10,000.00 for predevelopment and architectural costs. CITY OF DUBUQUE DOWNTOWN HOUSING INCENTIVE—Up to �10,000.00 per new market rate multi-family residential rental units created. CITY OF DUBUQUE DOWNTOWN ADA ASSISTANCE PROGRAM—50%reimbursement of making a property ADA compliant after a 50%Federal Tax Credit up to $5,000.00. CITY OF DUBUQUE TAX INCREMENT FINANCING—Limited taY relief on buildings improved by more than 15%of assessed value. STATE OF IOWA STATE HISTORIC TAX CREDIT—25%Iowa Income Tax credit available to offset costs incurred during historic property rehabilitation. FEDERAL HISTORIC TAX CREDIT—20%Federal Income Tax credit available to offset costs incurred during historic property rehabilitation. OPPORTUNITY ZONE—Tax incentives designed to encourage long-term,private investments in Low-Income Community Census Tracts by leveraging federal taY incentives for taxpayers who reinvest capital gains into these zones. /�� contact Dubuque Main Street at 563.588.4400or email Dan at �e danC�dubuquemainstreet.org or Michaela at michaelaC�dubuquemainstreet.org. .� � _:1. �_.� .:. � DUBUCZUE AREA -�� I'II TRAVE� oueuuuE•s DUB E CHAMBER �,(��I�`� HERITAGE Greater � TR�U�ENO"RTH T4nstrrpirceoutleMi>s�<rppi v.neue i* rii se�owcs c�V1L111V WORKS Dubuque 'i�'�� ��/� 563.589.4100 563.557.9200 STREET 563.564.4080 �f�E��v�f� <eRo 563.845J698 563.588.4400 563.557.9049 563.557.9049 Y/tu�Rrt��nll n����t � � \\\\� `t� A�,E—�5 D�U � Premier bank. B�Q-. FIDELITY MidWestOne � .���(�. Bank. ePNK 563.582.3655 r�n TausT 563.556.7700 563.588.1000 563.588.3350 563.589.2000 563.582.1841