Iowa Code r. 261-303.7 - Incentives
The authority shall encourage development projects and activities located in certified cultural and entertainment districts through incentives.
(1) Owners of property
located in certified cultural and entertainment districts may request tax
benefits for substantial rehabilitation work on historic buildings. Property
owners desiring these tax benefits shall make application under 223-Chapters 47
and 48 and shall comply with all requirements therein.
(2) The authority shall provide incentives
under cultural grant programs administered by the authority. Specific
incentives may be reflected in the application instructions for each grant
program.
(3) Additional incentives
may from time to time be offered by the authority, other state agencies, and
other organizations.
Notes
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