Our Mission

The Charles City Area Development Corporation is the catalyst for economic development in greater Floyd County, nurturing the creation and retention of quality jobs.

Charles City Area Development Corporation

About Charles City, Iowa / Floyd County Iowa

Charles City (population 7,652), the county seat of Floyd County is situated along the Avenue of the Saints (Iowa 27) in northern Iowa. Charles City is a significant commercial and transportation center for the area, located on U.S. Highways 18 and 218, Iowa Highway 14, and the Canadian National Railway Co. and the Canadian Pacific Railroad.

Charles City is known as the birthplace of the farm tractor in the early 1900’s by the Hart-Parr Company.

Charles City Area Development Corporation 2017

Floyd County Home Base Iowa Initiative

The state of Iowa has proactively become competitive in pursuit of transitioning military talent in creating the “Home Base Iowa” program in 2014. Assistance is available for employment, housing and identifying communities where their skills shall be valued. Home Base Iowa helps address Iowa’s middle-skill workforce gap.

This is a unique opportunity for businesses to access the wealth of talent and experience engendered within our military personnel. Businesses have the opportunity to recruit prospective employees with technical and transferable skills. Communities have the opportunity to add residents of high moral fiber, good work ethic and social productivity.

Floyd County was certified as a “Home Base Iowa Community” on 23 September 2014.

The Floyd County Board of Supervisors is implementing the Home Base Iowa local veteran’s incentive by offering a $10,000 loan to be used for down payment assistance, closing costs and/or home improvements at closing for a residence purchased in Floyd County. Home improvement services and materials must be purchased in Floyd County. The loan is repayable over five years at 0% interest. A veteran is defined as: a. Meeting standards of service denoted in Chapter 35 “Veterans Affairs” subsection 35.1 “Definitions” of the Code of Iowa 2013; b. A federal status injured person having served in active duty; c. A surviving spouse of an eligible service person.

Applicants must be employed at minimum 30 hours per week or have a conditional offer for employment.

Floyd County will secure a mortgage upon the purchased real estate and recipient shall sign a Promissory Note.

Charles City Area Development Corporation shall administer the program. It shall be the policy of the Floyd County Board of Supervisors and the Charles City Area Development Corporation that no person shall be discriminated against on the basis of race, color, national origin, age, isability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual’s income is derived from any public assistance program.

While the primary intent is to serve veterans being discharged from service, current Floyd County employed veterans are eligible should they currently not own their own home in Floyd County and have not owned a home in Floyd County within the past five years and meet the veteran qualification under Chapter 35 of the Code of Iowa.

Floyd County Home Base Initiative Application

FLOYD COUNTY HOUSING TRUST FUND FURNACE REPLACEMENT PROGRAM ACCEPTING APPLICATIONS

The Board of Directors of the Floyd County Housing Trust Fund announces acceptance of applications within its 2018 Furnace Replacement Program. Any qualifying residence within Floyd County may apply.

The Board of Directors is accepting applications within the “Less than 30% Median” and “31% – 50% Median” income categories. The Trust Fund intends to cover 100% of replacement costs for those under 30% median, and 75% within the 31% – 50% category. The adjusted annual income thresholds by number residing in the home:

Household Size 1 2 3 4 5 6 7 8
30% Median 20970 20970 24115 24115 24115 24115 24115 25312
50% Median 34950 34950 40192 40192 40192 40192 40192 42187

In addition to meeting the income criterion, to qualify applicants must own and occupy the home, be current on property taxes and homeowner insurance, and the existing furnace must be at least 10 years old. Applicants specify their contractor of choice regarding the furnace purchase and installation.

“We encourage Floyd County residents to apply for furnace replacement, as there are benefits conferred to both the individual and society. Our program has installed more than 320 furnaces in Floyd County over the past decade” said Tim Fox, Trust Fund Vice Chair.

Applications shall be accepted from August 7 through December 15, 2017. Applications may be obtained from, and submitted to, the Charles City Area Development Corporation, 401 North Main Street, Charles City, Iowa, 641.228.3020, fax 641.228.4744 or email tfox@charlescityia.com. The application is also posted at www.charlescityia.com. The Trust Fund is reaching out to underserved areas of the county concerning non-English speaking residents. The application is available in Spanish and Tagalog.

Download Application