As used in connection with the Iowa main street loan program,
the following terms have the meanings indicated.
"Authority" means the Iowa finance authority
created in Iowa Code section
16.1A.
"Commercial property" means property formerly
or currently used primarily for business, retail, governmental or professional
purposes.
"Downtown area" means the business area of a
community that is centrally located within the community within the context of
the Iowa main street program.
"Housing" means the same as defined in Iowa
Code section 16.1(14).
"Infill development" means new construction on
a vacant commercial lot currently held as open space.
"Participating city" means a city
participating in the Iowa main street program.
"Upper floor housing" means any housing that
is attached to or contained in the same building as commercial property,
whether located on the ground floor behind the traditional storefront or on
other floors of the property.
Notes
Iowa Admin. Code
r. 265-11.1
Adopted by
IAB
November 27, 2024/Volume XLVII, Number 11, effective
1/1/2025
