Washington, DC – June 9, 2009 – (RealEstateRama) — Today, Congressman Loebsack announced $1.6 million in FEMA funds from the Hazard Mitigation Program for Linn County. The acquisition will protect the community from future damages while reducing emergency response and evacuation costs. The properties include flood damaged residential properties along the Wapsipinicon and Cedar rivers in Linn County, Iowa.
“As we are quickly approaching the one year anniversary of the floods of last summer, these funds come at a time when our families could use some help,” said Congressman Loebsack. “Our families who have been at a standstill will finally be able to begin to move forward. In addition to helping our families move forward from the floods that destroyed their homes, these funds will aid our planning efforts by protecting our communities from future disasters.”
FEMA’s Hazard Mitigation Program is designed to help reduce the impact of future disasters. By acquiring properties that have been severely damaged, this program aids families struggling from the floods of last summer and works towards protecting property in the future. These acquisitions of housing properties are voluntary. The decision to buy damaged property is made by the local government and the property owners.
