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  • KCAU 9 News

    Reynolds announces $7.2M to build new homes for disaster victims

    By Luke Malik,

    13 hours ago

    https://img.particlenews.com/image.php?url=3PquEL_0v4SdZEN00

    DES MOINES, Iowa (KCAU) — Millions of dollars in state funding is set to go towards the construction of 175 homes for disaster victims in Iowa, including those affected by recent severe flooding.

    Gov. Kim Reynolds announced Tuesday that the state has awarded $7.2 million to help build single-family and multi-family homes across eleven projects. The homes are set to be built in cities and communities such as Rock Valley, Spencer and Cherokee.

    Deadline for Iowa FEMA applications extended to October 22

    “Today’s awards are about more than building housing,” Reynolds said in a statement. “They’re about restoring the sense of home that is vital to these disaster-impacted communities. This support will help them begin to heal and find stability once again.”

    The awards come through Iowa’s State Disaster Recovery New Housing Grant Program . The program was announced back in July and started with $10 million in financial aid available for counties eligible for FEMA’s Individual Assistance under a presidential disaster declaration.

    Applications will be accepted until funds run out or on Dec. 31, 2024, whichever comes first.

    The full list of projects awarded grants of up to $1 million can be found below:

    Developer Firm Development Name Community Units Type Occupancy Funding Amount
    ERD Holdings LLC Rock Rapids 19 Single-Family For Sale $950,000
    Homestake Enterprises LLC Cherokee 2 Single-Family For Sale $950,000
    Groeneweg Construction Kyle Spaans 4 Plex Rock Valley 4 Single-Family For Rent $200,000
    VG Construction & Stone Valley Villas Rock Valley 19 Single-Family For Sale $950,000
    CR Lloyd Associates LLC Valley Vue Single Family Homes Rock Valley 25 Single-Family For Sale $1,000,000
    CR Lloyd Associates LLC Valley Vue 2 Rock Valley 36 Multi-Family For Rent $1,000,000
    Spirit of Okoboji LLC West Spencer Market Rate Apts. Spencer 24 Multi-Family For Rent $1,000,000
    Nope LLC Minden 12 Multi-Family For Rent $600,000
    NW IA Corridor Habitat for Humanity Habitat – Spencer Spencer 2 Single-Family For Sale $100,000
    CR Lloyd Associates LLC Spencer Homes Spencer 25 Single-Family For Sale $1,000,000
    Golden Hills Phase II LLC Golden Hills Phase II Crescent 7 Single-Family For Sale $350,000
    TOTAL 175 $7,250,000
    Source: Iowa Economic Development Authority

    Last week, Reynolds also announced that conditional awards were starting to be approved through the state’s Disaster Recovery Housing Assistance Program . These funds cover needs not met by insurance or FEMA. Those eligible could get as much as $50,000 towards the repair or rehabilitation of their home affected by severe flooding.

    For more information on disaster recovery in Iowa, click here .

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to SiouxlandProud | Sioux City, IA | News, Weather, and Sports.

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