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Iowa REALTORS® Awarded $400,000 in Grants to Assist Iowans Displaced By Spring Storms

News

May 29th, 2024 by Ric Hanson

WEST DES MOINES, IOWA — Devastating storms once again displaced thousands of Iowans from their homes in May.  The Iowa Association of REALTORS® (IAR) wants to ensure these Iowans impacted are afforded the resources to rebuild their homes and sense of community through relief grants. Today, IAR announced it received a $250,000 grant from the National Association of REALTORS® to provide funding for individuals impacted by storms on May 21 to help with their mortgage and rental payments or hotel reimbursements. In total, IAR has received $400,000 in grants to provide relief for Iowans impacted by severe weather this spring.

Under the new grant and in partnership with the REALTORS® Relief Foundation (RRF), IAR will provide up to $1,500 in housing relief to displaced individuals who primarily reside in Adair, Adams, Black Hawk, Buena Vista, Butler, Cass, Cedar, Clay, Clinton, Dubuque, Fayette, Franklin, Hancock, Hardin, Harrison, Humboldt, Iowa, Jackson, Jasper, Kossuth, Marshall, Mills, Montgomery, Muscatine, O’Brien, Page, Palo Alto, Polk, Pottawattamie, Story, Tama, and Warren counties.

“As Iowans, we know that helping one another is the first line of action when faced with devastation, including when severe weather displaces community members,” Gavin Blair, CEO of the Iowa Association of REALTORS® said. “We are proud to partner with REALTOR® Relief Foundation to provide an additional $250,000 in grants to Iowans who suffered displacement due to recent storms in Iowa. Iowa REALTORS® stand behind our communities and are ready to provide support, both financially and physically, to help get Iowans back home.”

Thousands of homes and buildings have been destroyed or damaged during severe weather in April and May, leading countless Iowans to be displaced. Iowa REALTORS® previously received a $150,000 grant to provide up to $1,500 in relief to Iowans in Clarke, Crawford, Harrison, Mills, Polk, Pottawattomie, Ringgold, Shelby, and Union counties who were impacted by severe storms on April 26.

Qualifications for the REALTORS® Relief Foundation assistance include:

  • Recipients must be a primary resident of the following counties and have sustained damage on April 26 that have resulted in housing displacement: Clarke, Crawford, Harrison, Mills, Polk, Pottawattomie, Ringgold, Shelby, and Union.
  • Recipients must be a primary resident of the following counties and have sustained damage on May 21 that have resulted in housing displacement: Adair, Adams, Black Hawk, Buena Vista, Butler, Cass, Cedar, Clay, Clinton, Dubuque, Fayette, Franklin, Hancock, Hardin, Harrison, Humboldt, Iowa, Jackson, Jasper, Kossuth, Marshall, Mills, Montgomery, Muscatine, O’Brien, Page, Palo Alto, Polk, Pottawattamie, Story, Tama, and Warren.
Assistance is available to qualified applicants as one of the following options:
  • Monthly mortgage expense for the primary residence that was damaged during the severe storms on April 26 or May 21.
  • Rental cost due to displacement from the primary residence resulting from the severe storms of April 26 or May 21.
  • Reimbursement for hotel lodging required due to displacement from primary residence as a result of severe storms on April 26 or May 21. Reimbursement only covers hotel room and tax costs.
  • Relief assistance is limited to a maximum of $1,500 per household.
All grants are contingent upon the availability of funds. As a result, aid will be provided on a first-come, first-serve basis. Applications for displacement relief related to April 26 storms close on June 28, 2024; Applications for displacement relief related to May 21 storms close on July 29, 2024.

LEARN MORE ABOUT TORNADO RELIEF