Iowans helping Iowans flood assistance in Hopkinton - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowans helping Iowans flood assistance in Hopkinton

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HOPKINTON (KWWL) -- Its been one month since the Lake Delhi Dam broke, sending water down the Maquoketa river. Tuesday night residents in Hopkinton met to learn more about possible buy outs and assistants from that flood.

One month ago Eric Sheey and his family of five lived off Walnut street.

"We sand bagged like we did in '08 and thought was the enough," Sheey said.

But after waters from a nearby creek and river took over his property, he's left with nothing.

"It was already surrounded in water and we did what we could and moved on," Sheey said.

Tuesday Sheey and a dozen other residents met to learn more about possible buyouts, FEMA assistance and the City of Hopkinton acquiring property.

"The City of Hopkinton actually has two properties that were significantly damaged from the floods. More than 50 percent damaged," East Central Intergovernmental Association Director of Community Development, Mark Schneider said.

But not every home qualifies for a buy out. Tuesday night's meeting also discussed a new program announced by Governor Culver on Monday.

"Iowans Helping Iowans will provide $7.5 million that will be provided to property owners to make repairs to their homes, up to $25,000 per property," Schneider said.

That money would be distributed as a 5 year forgivable loan, as long as you live there for five years. But if a home is not repairable, the loan can be used as down payment assistance if they move outside the flood plain.

"Hang in there.  I know it's been a challenge to people, it's disheartening as long as it takes but be patient and we'll try to work with you on any way we can," Schneider said.

As for Sheey, he says, with assistance, he'll be purchasing a new home away from the flood plain.

Schnieder says the best advice he has for flood victims: Keep all of your receipts. No matter how small, the documentation is important when apply for assistance.

Online Reporter: Lauren Squires

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