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Economic Development
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To learn more about the economic and demographic trends in this area, please visit on of the links below:
The Cedar Valley Community Foundation is a Nebraska non-profit corporation established in 1992 for the purpose of accepting gifts and contributions of any size for the benefit of people and families in the Cedar Valley. Foundation assets are invested and the principal and/or incomes used for grants to organizations for the betterment of Cedar Valley. Donors to the Cedar Valley Community Foundation receive maximum tax benefits because of the Foundation's classification by the Internal Revenue Service as a "public charity." Gifts made during a donor's lifetime will result in important income tax advantages. Requests are deductible for federal estate tax purposes. All of us have benefited from the vision, hard work, and generosity of prior generations. A contribution to the Foundation recognizes the proud heritage we have here in the Cedar Valley and ensures that it continues to have a promising future. For details, contact City Hall at 308-358-0240 or by email at vocedrap@gpcom.net.
Our own people are our biggest potential for economic growth. We possess the enthusiasm and spirit of volunteerism with positive attitudes toward growth, change, and community development. As a result, several accomplishments have been achieved.
The following are a few of the grants Cedar Rapids received in trying to better the community:
| 1990: | CASBDA (Revolving Loan Fund for Small Businesses) from Rural Enterprise Assistance Program (REAP) (1990-1993) | $25,000 | |
| 1991: | Tourism Marketing Grant for River Rat Weekend | $1,000 | |
| Drug and Alcohol Awareness Grant | $1,000 | ||
| 1992: | Tourism Marketing Grant for River Rat Weekend | $2,500 | |
| Recycling Grant for Semi Trailer to haul recyclables | $3,500 | ||
| CASBDA Award from Midwest Living Magazine for the Hometown Pride Awards Program | $1,000 | ||
| Nebraska Community Improvement Program Award for Third place overall in our population category | $200 | ||
| 1993: | Recycling Grant for Horse Trailer to haul recyclables | $2,300 | |
| Housing HOME grant for rehab | $168,200 | ||
| CDBG/PW Grant for improvements to water system | $139,700 | ||
| Drug and Alcohol Awareness Grant | $825 | ||
| Mansfield Foundation for library equipment | $2,460 | ||
| 1994: | Nebraska Library Commission expansion grant | $7,000 | |
| Friends of Library Fund Drive | $2,200 | ||
| 1995: | St. Anthony Catholic Church Renovation Donations | $300,000 | |
| HOME Recipients Match Funds | $41,000 | ||
| 1996: | Library Improvements Donations | $20,000 | |
| Ambulance Fund Drive Donations | $45,000 | ||
| CDBG Housing Grant | $170,000 | ||
| School Bond | $2,700,000 | ||
| GRAND TOTAL OF FUNDS RECEIVED FROM 1990 THROUGH 1996 | $3,632,885 | ||
This was a pilot project of the Center for Rural Affairs under the Rural Enterprise Assistance Project. It was started in November of 1990 in Cedar Rapids as the first one in the state. This group offers business management training and modest credit assistance for all types of small businesses including start-up and established, home-based, full time as well as part-time. In 1992, "Midwest Living" magazine awarded CASBDA $1,000 for economic development. For more information please contact Irene Rutten at 308-358-0224 or visit the Center for Rural Affairs home page.
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