Revitalize Iowa’s Sound Economy Program

The Revitalize Iowa’s Sound Economy (RISE) Program offers immediate funding opportunities to promote economic development in Iowa by supporting the establishment, construction, and improvement of roads and streets. The grant aims to assist in creating and retaining jobs through immediate, non-speculative opportunities. Applicants should be in the process of negotiating a location or retention decision with a developer or firm and must demonstrate that immediate funding is essential to influence job creation or retention decisions. Jobs created should be value-adding in nature, such as manufacturing or industrial, with a minimum local match of 20 percent required. Any proposed roadway or development impacting state right of way will need consultation with Iowa DOT district staff, and a transportation impact study may be required prior to approval by the Iowa Transportation Commission.