The U.S. Department of Housing and Urban Development accepted Iowa’s $85 million disaster assistance plan.
The plan will help Iowa recover from this summer’s flooding and tornadoes.
The money will be used to help rebuild homes, small businesses and public infrastructure.
HUD Secretary Steve Preston said the agency will work closely with Gov. Chet Culver to expedite the recovery process.
HUD allocated $85 million last month in Community Development Block Grants to support Iowa’s disaster recovery.
Culver has been critical of the delay in the approval of the funds and announced last week the creation of a $40 million program to meet the immediate needs of Iowans who were victims of the floods and storms.
Culver says the HUD funds will complement the Jumpstart Iowa program.
Was this article valuable?
Here are more articles you may enjoy.
Hackers Hit Sensitive Targets in 37 Nations in Spying Plot 
Berkshire Utility Presses Wildfire Appeal With Billions at Stake 
Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud 
Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.