Page 56 - Reflect DSM (City of Des Moines, IA)

InvestDSM
InvestDSM
InvestDSM was created as a result of an
To learn more about InvestDSM evaluation of the existing Neighborhood
including the programs and current Revitalization Program. InvestDSM, a
Special Investment Districts, visit: https:// not-for-profit organization, began as a
investdsm.org/. collaboration between the City of Des
Moines and Polk County with the goal
of creating vibrant, healthy, and thriving
neighborhoods. InvestDSM staff focus their
work in Special Investment Districts (SIDs) ,
1
which are “middle market” neighborhoods
- not the strongest, and not the weakest.
These are selected by the City Council.
There are currently four SIDs.

Oak Park/ Drake Money from the Local Option Sales Tax

Highland Park is applied in the SIDs in the form of the
acquisition, demolition, rehabilitation/repair,
or new construction of housing, as well as
the costs associated with the acquisition
and holding of properties associated with
the redevelopment.

InvestDSM includes a host of programs
that property owners within the SIDs can
utilize, all with the goal of improving

Franklin Area Columbus Park the neighborhood. While InvestDSM
works in defined neighborhoods, these
Figure 17. The current four SIDs in which InvestDSM focuses its
efforts. neighborhoods may change based
on funding availability and an ongoing
citywide property assessment project. As
such, residents of different neighborhoods
will have a chance to partake in the
funding availability to improve the building
stock and celebrate the role of the
neighborhood within the city. This proactive
approach may also assist in the stabilization
of neighborhood structures, maintaining the
fabric of the community.

1 Invest DSM | Be Part of a Great Neighborhood Filled
with Opportunity. (2022, January 24). Invest DSM. https://
investdsm.org/

50 DES MOINES Citywide Historic Preservation Plan