Governor Announces Funds for Flood Buyouts
By
Becky Ogann
Story Created:
Nov 6, 2009 at 12:57 PM CST
Story Updated:
Nov 11, 2009 at 2:30 PM CST
DES MOINES (AP) - Iowa Gov. Chet Culver says $150 million in federal funds will be made available for the purchase of 1,352 homes damaged in last year's floods.
The funding is part of the $516.7 million in Community Development Block Grant Disaster Recovery Funds announced last month. The funding Culver announced Friday is the first round of awards made to 20 cities and counties to cover homes not eligible for Federal Emergency Management Agency buyouts.
According to Culver, 852 homes to be bought out are located in Cedar Rapids.
In addition to Cedar Rapids homes eligible for the funds are located in the Oakville area, Cedar Falls, Mason City, Iowa City and Waverly, among other cities.
The first round covers homes in the 100-year flood plain, poses a health and safety concern to the community, or have been determined to be substantially damaged.
A list of awards is below:
Cedar Rapids
Number of properties approved: 852
Funds approved: $95,474,137
Oakville (Zone X)
Number of properties approved: 124
Funds approved: $7,929,015
Cedar Falls
Number of properties approved: 101
Funds approved: $10,259,180
Mason City
Number of properties approved: 71
Funds approved: $8,517,455
Iowa City
Number of properties approved: 52
Funds approved: $11,665,530
Louisa County (Rural Oakville)
Number of properties approved: 32
Funds approved: $3,322,951
Waverly
Number of properties approved: 28
Funds approved: $3,757,234
Des Moines
Number of properties approved: 19
Funds approved: $815,460
Davenport
Number of properties approved: 18
Funds approved: $2,213,380
Des Moines County
Number of properties approved: 16
Funds approved: $1,953,030
Dyersville
Number of properties approved: 10
Funds approved: $1,100,000
Johnson County
Number of properties approved: 8
Funds approved: $1,413,308
Olin
Number of properties approved: 7
Funds approved: $490,924
Waterloo
Number of properties approved: 4
Funds approved: $261,180
Coralville
Number of properties approved: 3
Funds approved: $320,958
Blackhawk County
Number of properties approved: 2
Funds approved: $323,719
Cedar County
Number of properties approved: 2
Funds approved: $104,579
Muscatine County
Number of properties approved: 1
Funds approved: $228,769
LaPorte City
Number of properties approved: 1
Funds approved: $125,060
Eddyville
Number of properties approved: 1
Funds approved: $40,453
Total number of properties approved: 1,352
Total funds approved: $150,316,322
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