Obama Stimulus: $27 million for Iowa housing - KWWL - Eastern Iowa Breaking News, Weather, Closings

Obama Stimulus: $27 million for Iowa housing

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WASHINGTON, DC (KWWL)-- Money from President Barack Obama's economic stimulus package is arriving in Iowa and ready to go to some housing programs.

U.S. Senator Tom Harkin (D-IA) announced Wednesday that Iowa has been awarded a total of $10,932,062 from the Community Development Block Grant (CDBG) program, as well as a total of $16,732,201 from the Homeless Prevention Grant Program through the U.S. Department of Housing and Urban Development (HUD).

These funds were in the Economic Stimulus Package recently signed into law and were allocated by annual HUD formulas.  Harkin is a senior member of the Senate Appropriations Committee that funds housing initiatives.

"The economic recovery package provided support that was timely and targeted.  That it is already coming to our state after the President signed this bill last week proves this mission," said Harkin in a news release.

"In these trying economic times, homeowners can take solace knowing that this funding will help create sustainable living environments and provide decent affordable housing -- an essential part of transforming our economy," Harkin said.

The money allocated to the State is to be distributed to those cities that do not receive direct allocations. Details of the funding are listed below. 

City                             CDBG                         Homeless Prevention

Ames-                          $130,258

Cedar Falls-                 $82,999

Cedar Rapids-             $350,616                     $536,843

Council Bluffs-             $285,500

Davenport-                  $465,206                     $711,923

Des Moines-                $1,152,886                   $1,763,874

Dubuque-                     $328,269                     $502,294

Iowa City-                    $176,785

Sioux City-                   $509,481                      $779,497

Waterloo-                     $373,140                     $570,881

West Des Moines-        $62,550

State of Iowa-              $7,014,352                  $11,866,889

TOTAL-                      $10,932,062                $16,732,201

Online Producer:  JJ Murray

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