Iowa City to seek more flood funds

May 19, 2009

By Gregg Hennigan

IOWA CITY — The City Council agreed Monday night to go after money that would allow it to purchase flood-damaged homes that were ineligible for the federal buyout program.

The money would come from a new state-administered program that has $10 million in federal funds. More money may go into the program in the future, officials said.

The city will submit more than 80 homes in the Parkview Terrace neighborhood for consideration. Those homes are in the 500-year floodplain but not the 100-year boundary and therefore weren’t eligible for the federal buyouts that are beginning in Iowa City this week.

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