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Relief for Storms and Flooding

The U.S. Housing and Urban Development Secretary Steve Preston announced HUD will immediately give $100million to Iowa, Indiana and Wisconsin for the recent natural disasters in these states. The emergency funding is provided through HUD's Community Development Block Grant (CDBG) Program and will help support the states' long-term disaster recovery and critical infrastructure needs.

Preston announced the following allocations among the three impacted states:

• Iowa, $85 million
• Indiana, $10 million
• Wisconsin $5 million

These estimates are based on preliminary estimates of total housing damage and business loss.

"Families and communities need help now to rebuild their homes and lives," said Preston. "Iowa, Indiana and Wisconsin suffered greatly. As we continue to study the impact of these storms, we intend to allocate the remaining disaster assistance as quickly as possible."

Congress recently set aside $300 million in emergency disaster assistance and directed HUD to allocate the funding based on each state's unmet needs. Understanding that Midwestern states must begin their long-term disaster recovery planning, HUD allocated a third of the emergency funds based on the Department's initial damage assessment. HUD will allocate the remaining $200 million when it completes a more thorough study of each state's unmet needs.

HUD's analysis is focusing on each state's unmet housing, business and infrastructure needs. More than likely this analysis will require more time before enough data has been collected to make certain the remaining funds are distributed appropriately to the states' particular needs.

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