Jumpstart Iowa Recovery Initiative
Jumpstart Small Business Assistance
The Iowa Department of Economic Development will provide financial assistance to businesses suffering physical damage or economic loss due to the 2008 tornado, floods, and storm disasters and have been approved for and have signed a disaster loan from the U.S. Small Business Administration (SBA) or from a state-chartered or federal-chartered financial institution.
Jumpstart Federal Housing Assistance
The Federal Jumpstart Housing Assistance Program is administered through the Iowa Department of Economic Development. This program will help homeowners either make a down payment on a new house, repair their current home, or maintain their mortgages while waiting for a potential buyout from FEMA. For down payment assistance and housing rehabilitation assistance, the maximum award is a $60,000 loan which will be forgiven if the homeowner stays in the house for 5 years.
"Jumpstart Express" Emergency Repair Option
"Jumpstart Express" Emergency Repair is an option under the Jumpstart Iowa Housing Assistance Program. The application process for "Jumpstart Express" is the same as Jumpstart Iowa Housing Assistance. This option helps homeowners repair their current home without having to meet all of the previous requirements. The maximum award is a $24,999 loan which will be forgiven if the homeowner stays in the house for 5 years.
Jumpstart Federal Infrastructure Assistance
CDBG Infrastructure
CDBG as Match for Hazzard Mitigation Grant Program (HMGP) Infrasturcture