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News
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HUD
Awards
Iowa $84 Million for Having Best Flood Recovery Efforts
Posted 27 August 2010
In the past two
years, HUD allocated more than $5.6 billion in disaster recovery
funding through its Community Development Block Grant (CDBG) to 13
states, including more than $642 million to the State of Iowa. The DREF
was established to support the long-term recovery following dozens of
natural disasters in 2008. As a result of having received CDBG
funds for those disasters, these 13 states were eligible to receive
additional allocations based on the significant investment they’ve made
by targeting their CDBG funds to disaster mitigation. Iowa was awarded
the largest grant because the state did the best of any other state by
already spending almost half of the $642 million toward flood
mitigation.
“An ounce of prevention today can spare communities a world of hurt
tomorrow,” HUD Secretary Shaun Donovan said. “We’re making a
serious investment in our future by making certain that when disaster
strikes, the impacted communities in these states can weather the
storm.”
HUD is awarding DREF grants to the following states: Iowa
($84,126,989), Texas ($67,949,391), Louisiana ($32,487,882), Florida
($26,616,675), Illinois ($23,517,970), Indiana ($23,208,985), Wisconsin
($15,276,319), California ($15,000,000), Puerto Rico ($12,000,000),
Mississippi ($5,438,712), Missouri ($5,000,000), Kentucky ($500,000),
and Georgia ($480,000). The grant amounts awarded to the states total
$311,602,923.
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