March 5, 2025 (DES MOINES, IA) — Today (Wednesday), the Iowa Economic Development Authority (IEDA) announced seven designated Main Street Iowa communities have reached new benchmarks in private investment in 2024, demonstrating their ongoing commitment to revitalization, economic growth and historic preservation. Included among the Main Street communities, is Manning, which achieved $10-million in new private benchmark achievements.

Since launching their respective Main Street Iowa programs, these communities have collectively attracted $100 million in private dollars for commercial district rehabilitation and property acquisition, contributing to the vibrancy and sustainability of those areas.

Benchmarks are preset dollar thresholds that are used as measurement standards for private investment in all Main Street Iowa districts. Benchmark levels vary based on a community’s population — small, midsize and large.

The seven communities and the amount of their new private investment benchmark achievements are:

• Albia, $2 million
• Colfax, $10 million
• Grundy Center, $3 million
• Manning, $10 million
• Marion, $50 million
• Monticello, $5 million
• Newton, $20 million

“Main Street Iowa communities continue to show incredible progress in preserving and enhancing their unique character,” said Debi Durham, director of the IEDA and Iowa Finance Authority. “These achievements reflect the power of collaboration, and the vision of community leaders who strive to create thriving, welcoming spaces for residents and visitors alike.”

Main Street Iowa recognized the cities during a spring workshop held today in Jefferson.