WASHINGTON, DC – June 17, 2009 – (RealEstateRama) — Senator Chuck Grassley said today that the U.S. Department of Homeland Security’s Federal Emergency Management Agency, or FEMA, has awarded funds totaling $2,933,792 to Iowa through the Hazard Mitigation Grant Program.
“As Iowa communities continue their clean-up efforts in the wake of the devastating floods and severe storms, vital resources are a continued need,” Grassley said. “It’s good to see the funds moving out the door and into the communities where they belong.”
FEMA obligates the funding for the projects below to the state of Iowa. It’s the state’s responsibility to use these funds to reimburse eligible sub-grantees after the review process and upon receipt of appropriate documentation. The eligible sub-grantees are shown below.
· Linn County will receive $1,686,217 to help acquire and demolish 17 flood damaged residential properties along the Wapsipinicon River and Cedar River. This funding will cover 75 percent of the project cost.
· New Hartford will receive $1,247,575 to help acquire and demolish properties damaged by flooding from Beaver Creek. This funding will cover 75 percent of the project cost.
The Hazard Mitigation Grant Program provides funds to help reduce the loss of life and property, lessen the impact to local communities due to natural disasters and enable recovery after a disaster.
