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Iowa REALTORS® Awarded $500,000 in Grants to Assist Iowans Displaced By Storms, Flooding

News

July 9th, 2024 by Ric Hanson

WEST DES MOINES, IOWA — Severe storms and resulting flooding in northwestern Iowa displaced hundreds of Iowans in June. As these residents continue to pick up the pieces, Iowa REALTORS® aims to offer support and resources though $2,500 housing relief grants. On Monday, Iowa REALTORS® announced it received a $500,000 grant to provide funding and resources to Iowans impacted by severe storms and flooding that occurred on June 12 and 21, 2024.

In partnership with the REALTORS® Relief Foundation (RRF), IAR will provide up to $2,500 in housing relief due to displaced individuals impacted by severe storms and flooding on June 12 and June 21 to residents who primarily reside in Buena Vista, Cerro Gordo, Cherokee, Carroll, Clay, Dickinson, Emmet, Floyd, Hancock, Harrison, Humboldt, Kossuth, Lyon, Monona, O’Brien, Osceola, Plymouth, Pocahontas, Webster, Winnebago, Woodbury, Worth, and Wright counties in Iowa.

In order to receive relief, Iowans must submit proof of residency, mortgage, rent or hotel expense statement, and photos of damage, an insurance estimate, written claim status or copies of repair estimates. Residents who no longer have a mortgage can submit a property tax bill to receive a portion of the grant.

In total, IAR has received $900,000 in grants from RRF to provide relief for Iowans impacted by severe weather this spring and summer.

Previous REALTORS® Relief Grants continue to be distributed to Iowans displaced by storms on April 26, as well as those displaced by storms on May 21. Specific details of these grants and an application are available on our website.

Qualifications for the REALTORS® Relief Foundation assistance include:

Individual grants may be approved up to a limit of $2,500 per household.

Recipient must be a primary resident of the following counties: Buena Vista, Cerro Gordo, Cherokee, Carroll, Clay, Dickinson, Emmet, Floyd, Hancock, Harrison, Humboldt, Kossuth, Lyon, Monona, O’Brien, Osceola, Plymouth, Pocahontas, Webster, Winnebago, Woodbury, Worth, and Wright counties in Iowa.

Assistance is available to qualified applicants as one of the following options:
  • Monthly mortgage expense for the primary residence that was damaged during severe storms and flooding on June 12 & 21, 2024.
  • Rental cost due to displacement from the primary residence resulting from severe storms and flooding on June 12 & 21, 2024.
  • Reimbursement for hotel lodging required due to displacement from primary residence as a result of severe storms and flooding on June 12 & 21, 2024. Reimbursement only covers hotel room and tax costs.
  • Relief assistance is limited to a maximum of $2,500 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 close on August 28, 2024.