Extreme DREAM Potential Properties | The City of Davenport is not associated with any property other than the ones listed as being owned by the City of Davenport. The City of Davenport should not be construed as endorsing or recommending particular services or service providers.

Downloadable PDF of Extreme DREAM Potential Properties.

The properties listed as Extreme DREAM Potential Properties have been identified as long term vacant based upon the lack of sanitary sewer service billing. The interior condition of the properties is unknown so these are considered potentially eligible properties. The deed holder is listed for the property. Unless listed as the owner, the City of Davenport does not own the property. This is not an exhaustive list of all eligible properties. To inquire about the eligibility of additional properties, contact City staff at [email protected].

If you are interested in a property and you have tried and have not been able to obtain a response from the listed deed holder, please contact City staff at [email protected].

Applications will be accepted on a rolling basis. Incomplete applications will not be considered. You can submit applications three different ways:

• Email to: [email protected] 
• Drop off during business hours at Davenport City Hall, 226 W 4th Street. 
• Mail to:

City of Davenport Extreme DREAM
226 W 4th St
Davenport, IA 52807  

Applicants must document the ability to finance one half of the total project costs. The total project cost must include the following:

• Purchase price of the house (unless you previously had ownership)
• Cost of the total scope of work
• A minimum of a 10% contingency to cover any cost overages or unforeseen costs

What does proof of funding or financing look like? 

• Proof of funding can be a letter from your financial institution stating you or your company has available funds equal to or exceeding the required project match. 
• Proof of financing can be a pre-approval letter that indicated you or your company is pre-approved for loan equal to or exceeding the required project match. This pre-approval can state that it is contingent upon successful Extreme DREAM award from the City of Davenport.
• If you have funding from another agency such as a donation of money to go towards your project, include documentation from this agency.  

 

Applicants must provide a listing of past rehabilitation projects they have completed over the past five years. This information in intended to provide an example of what type of work you or your company has worked on in the past. 

If you are an individual applying and you will be utilizing a general contractor, you may include a list of projects that your general contractor has worked on to provide an example of what type of work they have worked on in the past. 

Applications must include a sketch or design on the planned exterior. This sketch does not need to be prepared by an architect. The items below need to be shown on the sketch and include manufacturer spec sheet or other related information on siding, roofing, windows and doors.

Any major changes that are proposed to the exterior: additions, removals of porches, addition of windows, etc.

• Planned roofing materials
• Planned siding material 
• Planned or representative windows 
• Exterior work such as a new garage, fencing, sidewalks, tree removal and landscaping

For properties located in the Local Hamburg Historic District (see map for the boundaries), all exterior work must go through the City’s Historic Preservation Commission (HPC). Approval of exterior work by the Historic Preservation Commission does not need to occur prior to applying for Extreme DREAM. 

If you are considering applying for a property in the Local Hamburg Historic District you are encouraged to reach out to Matt Werderitch with Development & Neighborhood Services via email at [email protected] or via phone at 563-888-2221. 

The completed home must be owner occupied for a period of five years following the completion of the project. If you as the applicant do not intend to use it as your primary residence, if will need to be sold via a warranty deed to an owner occupant. In the case of a duplex, upon completion one half of the duplex must owner occupied. 

A covenant will be recorded on the property with Scott County requiring the property to be owner occupied for the five-year period. If the property is not owner occupied for the full five-year period, a pro-rata share of the original Extreme DREAM grant amount will be required to be paid back by the current deed holder. 

 

Building DREAM is an extension of the Extreme DREAM Project where a vacant property is demolished and a new home is constructed in its place. The Building DREAM Project offers a dollar for dollar match up $100,000 for qualifying expenses.

Building DREAM has the same requirements and standards as Extreme DREAM. All finished homes must be owner occupied.