Woodbine Community Development

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• Woodbine Community Development

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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

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Façade Master PlanReviving our history /
restoring our pride

• Woodbine Antiques

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• Golden Age Center

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• Everything Ellen / The Flower Shoppe

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• Corn Palace

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Home Town Hardware
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• Woodbine Main Street Station

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• Woodbine Grain Elevator Restoration / Public Art

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

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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

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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 - USDARural Development
• Main Street Iowa Challenge Grants
• Financial Institutions

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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

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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

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Lessons Learned

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