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Woodbine Community Development

Woodbine Community Development. Accomplishments (2009 – 2011). 25 Façade Renovations – CDBG Façade Master Plan 4 Complete (Interior & Exterior) Historic Renovations 19 Main Street Apartments 9 New Businesses to Main Street (and growing) New Alegent Health Clinic

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Woodbine Community Development

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  1. Woodbine Community Development

  2. Accomplishments (2009 – 2011) 25 Façade Renovations – CDBG Façade Master Plan 4 Complete (Interior & Exterior) Historic Renovations 19 Main Street Apartments 9 New Businesses to Main Street (and growing) New Alegent Health Clinic Main Street Station Renovation Grain Elevator Renovation / Public Art Youth and Community Amphitheater

  3. Façade Master PlanReviving our history / restoring our pride Woodbine Antiques

  4. Golden Age Center

  5. Everything Ellen / The Flower Shoppe

  6. Corn Palace

  7. Home Town Hardware

  8. Woodbine Main Street Station

  9. Woodbine Grain Elevator Restoration / Public Art

  10. Siebel’s Department Store 7 Apartments with 4 Garage Stalls, 1 Restaurant, 6 Office Suites, 1 Commercial Office. Completed in December, 2010. 100% Occupied as of May, 2011.

  11. Woodbine Savings Bank 11 Apartments and 3 Commercial Spaces. Scheduled for completion October, 2011.

  12. $ Invested in Woodbine Main Street 2009 - 2011 (population 1,600) $6.25 Million $350,000 Private $400,000 City $1.5M Grants $1.6M Loans $2.4M Tax Credit Equity

  13. Who made it possible? • Community → Main Street and Pilot Green Programs in 2008 → Commitment to Sustainable Development and Growth • Property Owners → Willingness to reinvest • City → Proactive and Supportive • Developers → Planning / Implementation • Funding Partners → Make it a reality

  14. Leveraging Funding • CDBG – Downtown Revitalization Façade Master Plan • City – Business District Revitalization Program • Owner contribution • Tax Increment Financing • State and Federal Historic Tax Credits • Low Income Housing Tax Credits – Iowa Finance Authority • HOME Funds – Dept. of Economic Development • Grayfield Tax Credits • Community Facility - USDA–Rural Development • Main Street Iowa Challenge Grants • Financial Institutions

  15. CDBG Impact on the Community • $500,000 Downtown Revitalization CDBG on $1,000,000 Façade Master Plan – driving force for all renovation • $214,000 CDBG-Disaster Relief Multi-Family Unit Production for Woodbine Savings Bank Renovation • Filling Vacancies Workshop → Market Analysis → 9 new businesses on Main Street • Branding / Marketing Workshop → Comprehensive Woodbine Brand → New Website and Outreach Promotion • Walkability Workshop → Safe Routes to School and Streetscapes • Sustainability – Restored sense of history, pride and drive to preserve and improve for future generations

  16. Future Growth (5 years) • Historic District Nomination • Woodbine Main Street Living – Upper Floor Housing Program – CDBG-Disaster Relief • Residential Single Family First Time Homeowner Program • Street Improvements / Streetscapes • Attraction and Tourism – Recreation Program

  17. Lessons Learned • Communication is Key • Network / Share Ideas – Best practices evolve • Plan comprehensively – big picture • Develop local talent – it exists

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