SEDC set to award $1.5M in grants to local businesses
Article by Spencer Daily Reporter On June 22, 2024, Candice McGuire’s life, like so many other Spencer residents’, was upended by disaster. Both McGuire’s home and business, Northwest Glass, located on South Grand Avenue were inundated by floodwaters. Ultimately, Northwest Glass ended up with 91 inches of water in its small compound, which included workshops, […]
Brand-new apartment buildings coming to Spencer
SPENCER, Iowa (KCAU) — Nearly 10 months ago, the town of Spencer was hit by historic flooding, destroying many people’s homes. While the community is still recovering, efforts are underway to build several new apartment buildings for residents. Many of the buildings impacted by the flooding will soon be torn down and rebuilt. “The vast […]
Many Spencer businesses to receive funds to replace items after flooding
SPENCER, Iowa (KCAU) – The Spencer Economic Development Corporation created a grant for businesses impacted by last year’s flooding. The Commercial Business Assistance Grant could provide anywhere from $1,000 to $25,000 for local businesses. The grant funds can be used for replacing inventory, equipment, and other necessities, though it doesn’t cover structural damage. The Spencer […]
SEDC acquires SW Spencer apartments for redevelopment
SPENCER, IOWA – The Spencer Economic Development Corporation (SEDC) is proud to announce the acquisition of seven multi-family residential apartment buildings in Southwest Spencer, Iowa, as part of its ongoing commitment to enhancing the community’s infrastructure and housing opportunities. These properties on 1st and 2nd Avenue SW were significantly damaged during the June 2024 flood. […]