Applications available for CR personal possessions replacement - KWWL - Eastern Iowa Breaking News, Weather, Closings

Applications available for CR personal possessions replacement

CEDAR RAPIDS (KWWL) – Applications for the new Personal Possessions Replacement Program in Cedar Rapids are now available. Applicants can use the online application posted at or pick up a paper copy at one of the following locations:

· Neighborhood Resource Center at St. Wenceslaus Church, 510 16th Avenue SE

· Community Recovery Center, 220 6th St. NW

· Temporary location of City Hall, 3851 River Ridge Drive NE

Beginning July 19, program administrators will begin contacting applicants to discuss their application and request any additional information necessary to complete the program. Initial payments could begin in August 2010.

The Personal Possessions Replacement Program provides up to $10,000 in assistance to flood-impacted, owner-occupied households to replace personal possessions lost in the Flood of 2008. The program will reimburse for eligible purchases made to date and can make direct payments for large purchases to ease cash flow situations. This program is funded through Local Option Sales Tax (LOST) revenues as it is designed to match federal funds previously received for personal flood recovery. The program is expected to provide assistance to about 1,400 residents with approximately $10.5 million from LOST.

The funds provided through this program will likely be treated as taxable income by the Internal Revenue Service (IRS). Unless told otherwise by the IRS, the City will treat the funds as taxable income and provide 1099 forms to all applicants receiving funds. Taxes will not be withheld through the program. Please consult your tax professionals to ensure that you fully understand the potential tax implications of this program.

For more information about the program, please call AmeriCorps VISTA at (319) 540-4819. More details are available in the Flood Recovery Programs section of the City's Web site at

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