White House, FEMA Iowa Disaster


On Jun. 25, FEMA reported federal disaster aid available to the State.


  • White House approved Iowa disaster declaration and made federal disaster assistance available to the State to supplement recovery efforts in areas affected by weather.
  • Severe storms, flooding, straight-line winds, tornadoes on Jun. 16, 2024, continuing.
  • Disaster Assistance
  • Makes funding available to survivors in Clay, Emmet, Lyon, Plymouth, Sioux counties.
  • Assistance can include grants for temporary housing, home repairs, low-cost loans to cover uninsured losses and other programs to help individuals and business owners.
  • Also available to State, tribal and eligible local governments and private nonprofits on a cost-sharing basis for debris removal and emergency protective measures.
  • Protective measure cost-sharing funding is available to affected parties in Buena Vista, Clay, Dickinson, Emmet, Lyon, O'Brien, Osceola, Plymouth and Sioux counties.
  • Funds are available on a cost-sharing basis for hazard mitigation measures statewide.
  • Jun. 2024 SBA Notice of Relief
  • On Jun. 25, 2024, SBA provided disaster aid to impacted IOW businesses, residents.
  • Businesses of all sizes and private nonprofits may borrow up to $2mn to repair damaged real estate, machinery and equipment, inventory and other business assets.
  • May lend additional funds for improvements to prevent/minimize future disasters.
  • Offered economic injury disaster loans (EIDLs) to small businesses, agricultural cooperatives, businesses engaged in aquaculture, and most private nonprofits.
  • These loans are intended to help meet working capital needs caused by the disaster.
  • EIDLs are available to businesses regardless of any actual property damage.
  • Up to $500,000 available to homeowners to repair damaged or destroyed real estate.
  • Additionally, homeowners and renters are eligible for loans of up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.
  • Jul. 2024 HUD Offers Aid
  • On Jul. 1, 2024, HUD implemented federal disaster assistance for Iowa due to storms.
  • Aid provided includes a 90-day moratorium on FHA, Section 184 Indiana Home Loans, Home Equity Conversion Mortgages, all effective as of President's declaration date.
  • Conventional mortgage holders may also be eligible for relief through their holder.
  • HUD has also made FHA insurance available to disaster victims for replacement or repair and 100% financing including closing costs through FHA approved lenders.
  • Section 203(k) also allows individuals to finance the purchase or refinance of a house along with repairs through a single mortgage, including repair of existing homes.
  • HUD has also provided flexibility for waivers to public housing agencies and Tribes.
  • Jul. 2024 SBA IOW Disaster Declaration
  • On Jul. 5, 2024, SBA published notice of disaster declaration for IOW due to severe storms, flooding, straight-line winds, tornadoes that began Jun. 16, 2024, continuing.
  • Counties eligible for both EIDL and physical damage loans include Clay, Emmet, Lyon, Plymouth, Sioux; for EIDL only, Rock, Nobles, Jackson, Martin counties in Minnesota.
  • EIDL available for counties of Buena Vista, Cherokee, Dickinson, Kossuth, O'Brien, Osceola, Palo Alto, Pocahontas, Woodbury in OKL; Lincoln, Union, Minnehaha in SD.
  • Physical damage applications due Aug. 23, 2024, EIDL applications due Mar. 24, 2025.
  • Jul. 5, 2024, FEMA Additional Counties
  • On Jul. 5, 2024, FEMA reported homeowners, renters in Buena Vista, Cherokee and O’Brien counties who suffered damage are now eligible to apply for FEMA Disaster Aid.
  • Jul. 12, 2024 SBA Amendment 1
  • On Jul. 12, 2024, SBA published Amendment 1 to Iowa disaster in the federal register.
  • Amended list of primary counties (physical, EIDLs) to include Buena Vista, Cherokee, O'Brien and contiguous (EIDLs only) to include Ida, Sac; all other data unchanged.
  • Jul. 17, 2024 SBA Amendment 2
  • On Jul. 17, 2024, SBA published Amendment 2 to Iowa disaster in the federal register.
  • Amended list of primary counties adversely affected by disaster to include (physical, EIDL) Woodbury; added Crawford, Monona, contiguous Iowa counties (EIDL only).
  • Added Dakota, Thurston counties in Nebraska; all other data remains unchanged.
  • Jul. 25, 2024 SBA Amendment 3
  • On Jul. 25, 2024, SBA issued Amendment 3 to Iowa disaster in the federal register.
  • Amended list of primary counties to include (physical, EIDL) Dickinson, Humboldt, Palo Alto and contiguous Iowa counties (EIDL) to Calhoun, Hancock, Webster, Wright.
  • Also on Jul. 25, SBA stated that disaster loans due to severe weather are available to certain private nonprofits that provide essential services of a governmental nature.
  • Nonprofit loans are available in Buena Vista, Cherokee, Clay, Dickinson, Humboldt, O'Brien, Palo Alto, Plymouth, Scott, Sioux, Winnebago, Woodbury and Worth counties.
  • SBA may lend private nonprofits up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
  • Further, SBA can lend funds to help with cost of improvements for future mitigation.
  • Eligible nonprofits can apply for EIDLs to help meet working capital needs to pay fixed debts, payroll, accounts payable, other bills that cannot be paid due to disaster.
  • Jul. 31, 2024 SBA Amendment 4, FEMA Aid
  • On Jul. 31, 2024, SBA published Amendment 4 to Iowa disaster in the federal register.
  • Amended to include the following areas as adversely affected by the disaster: Primary Counties (Physical Damage and Economic Injury Loans): Osceola, Pottawattamie.
  • Contiguous Counties (Economic Injury Loans Only): Iowa: Cass, Harrison, Mills, Montgomery, and Shelby; in Nebraska: Douglas, Sarpy, and Washington counties.
  • SBA published notice in fed register of President's major disaster declaration of Jul. 24.
  • Also on Jul. 31, 2024, FEMA reported aid available for self-employed survivors, including farmers, ranch hands, artists, musicians, mechanics in 27 Iowa counties.
  • FEMA can help replace tools and equipment required for self-employment.
  • Aug. 5, 2024 SBA Seven Additional Counties
  • On Aug. 5, 2024, SBA added seven additional counties eligible for federal assistance.
  • Federal disaster loans are available to private non-profit organizations in Harrison, Lyon, Monona, Osceola, Pocahontas, Winneshiek and Wright counties.
  • Private nonprofits that provide essential services of a governmental nature are eligible.
  • Aug. 8, 2024 SBA Fed Reg Notices
  • On Aug. 8, 2024, SBA published notice of amendment 2 and 6 in the federal register.
  • Per amendment 2, the primary counties were amended to include Harrison, Lyon, Monona, Osceola, Pocahontas, Winneshiek, Wright; with no other changes made.
  • Amendment 6 added Monona County as primary county, NEB county Burt contiguous.
  • Noted all other information in the original disaster declaration remained unchanged.
  • Aug. 8, 2024 FEMA Fed Reg Notices
  • On Aug. 8, 2024, FEMA published notice of amendments 1 and 2 in federal register.
  • Added Buena Vista, O'Brien, Cherokee, Woodbury counties for individual assistance.
  • Aug. 12, 2024 SBA Additional Counties
  • On Aug. 12, 2024, SBA included certain private nonprofit organizations, that provide essential services of a governmental nature, as eligible federal disaster assistance.
  • In counties of Des Moines, Emmet, Floyd, Howard, Kossuth, Mitchell, Pottawattamie.
  • Aug. 16, 2024 SBA Public Assistance Amendment
  • On Aug. 16, 2024, SBA published amendment 3 to Iowa public assistance declaration.
  • Primary counties were updated to Des Moines, Emmet, Floyd, Howard, Kossuth, Mitchell, Pottawattamie; all other information remained the same as previously.
  • Aug. 23, 2024 SBA Amended Declaration
  • On Aug. 23, 2024, SBA published federal register notice of an additional amendment to presidential declaration of major disaster for the State of Iowa from Jun. 6, 2024.
  • Declaration is amended to extend the filing deadline for physical damage loans due to damages resulting from the Jun. 2024 storms from Aug. 23, 2024, to Oct. 22, 2024.
  • All other information in the original declaration remains as published and unchanged.
  • Sep. 5, 2024 IOW LEG Aid for Scott County
  • On Sep. 5, 2024, IOW LEG Governor Reynolds issued a disaster proclamation for Scott County in response to severe storms that occurred on Jun. 16, 2024.
  • Scott County officials requested activation of State Disaster Case Advocacy Program to assist in navigating state and federal disaster assistance resources available to them.
  • Sep. 10, 2024 FEMA Disaster Assistance
  • On Sep. 10, 2024, FEMA issued disaster assistance eligibility for Iowa college students.
  • In counties of Buena Vista, Cherokee, Clay, Dickinson, Emmet, Humboldt, Lyon, Monona, O'Brien, Osceola, Palo Alto, Plymouth, Pottawattamie, Scott, Sioux, Woodbury
  • Students do not need to be permanent residents of designated counties to be eligible, but the property damage or loss must have occurred in a disaster designated county.
  • Sep. 11, 2024 FEMA Amendments
  • On Sep. 11, 2024, FEMA published amendments 6, 7, 8, and 9 in the federal register.
  • Amendment 6 added Harrison, Monona, Pocahontas, Winneshiek, Wright counties as adversely affected for public assistance; Lyon, Osceola added for permanent work.
  • Amendment 7 added Monona County adversely affected for individual assistance.
  • Dubuque, Jackson added for public assistance; Scott for individual in Amendment 8.
  • In Amendment 9, Emmet County added for permanent work, Des Moines, Floyd, Howard, Kossuth, Mitchell, Pottawattamie County added for public assistance.
  • Sep. 18, 2024 FEMA Federal Register
  • On Sep. 18, 2024, FEMA published White House disaster declaration in federal register.
  • Also published amendment 3, amendment 4, and amendment 5 in the federal register.
  • Oct. 2024 SBA Loans Available
  • On Oct. 1, 2024, SBA made low-interest disaster loans available to Iowa business and residents affected by severe storms, flooding, tornados on Jun. 16 to Jul. 23, 2024.
  • SBA Rural disaster declaration makes aid available to rural, non-rural Harrison County.
  • Property damage deadlines is Nov. 30, 2024; economic injury deadline is Jul. 1, 2025.

Regulators FEMA; HUD; SBA; White House
Entity Types CNSM; Corp
Reference SBA: PR IA 20643-01, 10/1/2024; FEMA: 89 FR 76487, 89 FR 76492, 89 FR 76494, 89 FR 76490, 9/18/2024; 89 FR 73695, 89 FR 73669, 89 FR 73694, 89 FR 73677, 9/11/2024; PR 029, 9/10/2024; PR, 9/5/2024; SBA: 89 FR 68231, 8/23/2024; 89 FR 66752, 8/16/2024; PR IA 20496-03, 8/12/2024; SBA: 89 FR 65007, 89 FR 65006, 8/8/2024; SBA: PR IA 20496-02, 8/5/2024; FEMA: 89 FR 64943, 8/8/2024; PR Iowa NR-002, 7/31/2024; 89 FR 61569, 2024-16784, 2024-16879, 7/31/2024; PR IA 20496-01; 89 FR 60485, 7/25/2024; 89 FR 58239, 7/17/2024; 89 FR57175, 7/12/2024; FEMA: PR 003, 7/5/2024; HUD:PR 24-165, 7/1/2024; SBA: 89 FR 55664, 7/5/2024; PR IA 20415-01, 6/25/2024; FEMA: 89 FR 64943, 89 FR 64943, 89 FR 64947, 8/8/2024; PR HQ-24-110, 6/25/2024; White House: PR, 6/24/2024; FEMA-4796-DR; Disaster Declaration #20415, #20416, IA-20005; Docket ID FEMA-2024-0001;
Functions BCS; Compliance; Financial; Legal; Operations
Countries United States of America
Category
State
Products Corporate; Education; Loan; Mortgage
Regions Am
Rule Type Final
Rule Date 6/25/2024
Effective Date 10/22/2024
Rule Id 217073
Linked to N/A
Reg. Last Update 10/1/2024
Report Section US Investment

Last substantive update on 10/03/2024