Rep. Axne Celebrates $10,000,000 Grant for Pacific Junction Flood Recovery Project
Targeted News Service (Press Releases)
WASHINGTON, April 24 -- Rep. Cynthia Axne, D-Iowa, issued the following news release:
Rep. Cindy Axne (IA-03) celebrated a new $10,784,250 grant from the Federal Emergency Management Agency (FEMA) to fund flood recovery efforts in Pacific Junction.
The grant will fund the purchase of 127 residential properties that have been substantially damaged by flooding at pre-flood values, allowing Iowa families in these homes to move forward after living with mortgages on devastated properties with no ability to sell their damaged properties.
"I saw first hand the damage caused by last year's floods in Pacific Junction - and know that its devastation has left families with crippled homes and no way to sell their way back into normalcy," said Rep. Axne. "I'm thankful to see the money we secured to help Iowa recover from the flooding coming back to finally help these Iowans get back on their feet."
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 $556.7 million in federal dollars spent in Iowa.
The purchase of the properties will help mitigate damage cause by recent flooding by demolishing or converting the properties to permanent open space.
Earlier this year, FEMA reported to Rep. Axne that it had so far spent $66 million on Iowa flood recovery by providing aid to individuals, grants, crisis counseling, and by administering flood insurance.
Sens. Peters, Harris Lead Colleagues in Pressing FEMA to Address Racial Disparities in Coronavirus Disaster Response
Global Patient Handling Equipment Market Size Report – Industry Outlook, Analysis & Growth Prospects, 2013 to 2024 | Million Insights
Advisor News
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor NewsAnnuity News
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
- Guaranteed income streams help preserve assets later in retirement
More Annuity NewsHealth/Employee Benefits News
- Reed: Can these assets be saved?
- PacificSource to end Montana operations
- PacificSource to end Montana insurance operations
- Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
- Ashley Mann:
More Health/Employee Benefits NewsLife Insurance News
- Kansas official running for governor received $300K in donations before key decision
- Investigators say C.R. man's life insurance claims for 3 children were fraudulent
- Shocking death of Kyle Busch renews debate over IUL plan
- WoodmenLife launches final expense life insurance offering
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
More Life Insurance News