KWWL.com - News & Weather for Waterloo, Dubuque, Cedar Rapids & Iowa City, Iowa | Money coming to buyout flooded homes

Money coming to buyout flooded homes

DES MOINES (KWWL) -- $150 million in federal funds is being made available to buyout more than 1,300 flood damaged homes across the state.

Governor Chet Culver announced today that this first round of money would help 20 cities and counties buyout 1,352 damaged homes that are not eligible for FEMA buyouts.

The money is part of the $516.7 million in Community Development Block Grant Disaster Recovery Funds.

This first round covers homes that are in the 100-year flood plain, pose a health and safety concern to the community or were found to be substantially damaged.

Governor Culver siad, "The announcement of funding for home buyouts is a critically important step forward in the flood recovery process.  However, this is just the beginning of the buyout process. The state looks forward to working with the cities and counties to ensure Iowans can move forward with buyouts in an efficient manner."

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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