Independence hardware store awarded $600,000 housing grant
10 flats to be included
Brad and Kellie Cole took over the Independence retailer in June 2021. (Courtesy Buchanan County Financial Enhancement Fee)
The house owners of an historic downtown Independence setting up been given a $600,000 Downtown Housing Grant to assistance acquire 10 flats on its 2nd flooring.
The building, manufactured in 1914 and now a Hardware Hank shop, is owned by Brad and Kellie Cole, who took in excess of the Independence store in June 2021.
The grant is aspect of the Federal American Rescue Act Point out and Area Fiscal Reduction resources.
The Downtown Housing Grant System is section of the state of Iowa’s “$100 million investment to boost the supply of housing possibilities and increase housing possibilities for Iowans to dwell in or close to the communities exactly where they operate,” the Buchanan County Economic Development Commission mentioned in a news release Friday.
The grant system is for communities with fewer than 30,000 people.
“This grant continues the momentum that Independence has viewed over the previous couple several years with the revitalization of the historic downtown,” Lisa Kremer, Buchanan County Financial Development Fee government director, mentioned in the launch.
“Since 2020, Independence has been the recipient of two Catalyst Grants, two (Community Improvement Block Grant) Facade Grants and now the Downtown Housing Grant. It is so exciting to see all of the really hard get the job done that has been set into this local community and county becoming rewarded.”
The Plymouth, Minn.-dependent Hardware Hank chain has somewhere around 610 shops.
