Rock Valley prepares FEMA-funded home buyout program for 100 properties after June flooding.
The City of Rock Valley is preparing for a home buyout program funded by FEMA, with an estimated 100 properties potentially covered after June's flooding. FEMA will cover 75% of the program, with the State of Iowa contributing 10% and the City of Rock Valley responsible for the remaining 15%. The city has distributed a map prioritizing damaged homes, with Tier 1 and Tier 2 homes receiving the highest priority for buyouts. Tier 3 properties have a lower chance of receiving a buyout offer.
August 05, 2024
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