Iowa HF499 establishes a disaster assistance grant program for Iowa homeowners with uninsured natural disaster damage.

Iowa HF499 creates a disaster assistance grant program administered by the Iowa finance authority. This program provides grants to Iowa homeowners whose primary residences have been damaged by a natural disaster, with damage exceeding what is covered by their insurance policy or other state and federal disaster assistance. The bill establishes a disaster assistance grant fund within the state treasury, funded by appropriations and other available moneys. The authority must adopt necessary application procedures and rules for implementing the program.

Iowa HF499 establishes a disaster assistance grant program for Iowa homeowners with uninsured natural disaster damage.

Iowa HF499 creates a disaster assistance grant program administered by the Iowa finance authority. This program provides grants to Iowa homeowners whose primary residences have been damaged by a natural disaster, with damage exceeding what is covered by their insurance policy or other state and federal disaster assistance. The bill establishes a disaster assistance grant fund within the state treasury, funded by appropriations and other available moneys. The authority must adopt necessary application procedures and rules for implementing the program.