Rep. Axne Announces New $7,900,000 Flood Resiliency Grant to Protect Hamburg Businesses - Insurance News | InsuranceNewsNet

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October 8, 2020 Newswires
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Rep. Axne Announces New $7,900,000 Flood Resiliency Grant to Protect Hamburg Businesses

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WASHINGTON, Oct. 8 -- Rep. Cynthia Axne, D-Iowa, issued the following news release on Oct. 7:

Today, Rep. Cindy Axne (IA-03) announced a new $7,900,000 grant to the city of Hamburg to fund critical infrastructure improvements aimed at protecting businesses and neighborhoods at risk of flooding along the Missouri River.

The grant, which was provided by the U.S. Department of Commerce's Economic Development Administration (EDA), is funded through additional funding secured in last year's federal disaster aid bill - which Rep. Axne fought to expand in order to cover flood recovery and repair projects after disastrous flooding along the Missouri River last March.

"I am pleased to see this economic investment coming into our rural communities. After the devastating flooding in the spring of 2019, the Hamburg community came together, rebuilt and repaired what was lost, and showed us all just how resilient Iowans are," said Rep. Axne. "Not only will this money serve as a catalyst for the future growth of southwest Iowa but also it will help create jobs while working to ensure such a tragic event doesn't happen again."

The grant was made possible by the regional planning efforts led by the Southwest Iowa Planning Council (SWIPCO), and is projected to support nearly 350 jobs

After securing $3 billion for Midwest flood recovery in last year's federal disaster bill, Rep. Axne has been tracking funding provided to Iowa to help rebuild from last year's flooding with her Iowa Flood Funding Tracker.

With this new grant, the Tracker now accounts for $603 million in federal dollars spent in Iowa.

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