The City of Des Moines’ Neighborhood Commercial Revitalization program, established in 2021, has awarded $1.5 million in matching funds to support mid- and large-scale renovations of more than two dozen buildings in key neighborhood corridors across Des Moines, the city said in a news release. The program has extended the life of buildings in areas like the Highland Park and Drake neighborhoods and created new homes for small businesses and entrepreneurs throughout the city.
New in 2025, the Small Business Impact Loan program is designed to provide targeted financial assistance for small businesses ready to launch, expand or scale but face barriers to accessing traditional lending sources. The program is issuing its first-ever low-interest microloans to six small business owners. The money will help pay for tenant space improvements, equipment purchases, marketing efforts and inventory needs.
“The heartbeat of our city lies in the creativity, resilience, and impact of our small business owners,” Connie Boesen, Des Moines’ mayor, said in a news release. “Programs like the Neighborhood Commercial Revitalization and the Small Business Impact Loan reflect our commitment to helping these businesses thrive.”…