State grant to help restore downtown Decorah project

More than $19 million is going to help transform 12 historic buildings around Iowa, and a portion of the funding will impact Decorah.

The Iowa Economic Development Authority (IEDA) says the awards were made through the Historic Preservation Tax Credit program.

Among the awards was $919,717 to Hess, Roise and Company to restore three adjoining Anundsen Publishing Company buildings in downtown Decorah into one commercial first-floor and nine upper-story apartment units.

The Historic Preservation Tax Credit program is designed to provide a state income tax credit to projects rehabilitating underused or vacant historic buildings while maintaining the historic character-defining features that enhance neighborhoods and communities. According to the grant specifications, the work completed on buildings must meet the federal Secretary of Interior Standards.

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