650799 - CDBG 2024 Disaster Recovery - Buyout

This funding opportunity provides up to $15 million in FEMA Non‑Federal Match funds to help Iowa local jurisdictions cover the local‑share required for FEMA HMGP and Project Assistance programs after a disaster. The grant can be used to finance critical infrastructure, buyout projects, and related recovery activities in designated MID counties, with a strong preference for low‑ and moderate‑income (LMI) communities. Applicants must be eligible entities (e.g., local governments, state agencies, schools, universities, or eligible nonprofits) and must demonstrate unmet recovery needs, lack of alternative funding, and alignment with long‑term resilience goals. • Eligible applicants: local governments, state agencies, K‑12 schools, universities, eligible private nonprofits. • Eligible areas: HUD‑identified MID counties (Cherokee, Clay, Sioux, Woodbury) and state‑identified MID areas (Buena Vista, Lyon, Pottawattamie). • Funding priority: at least 70 % of funds must go to LMI beneficiaries; projects evaluated on match need, leverage, benefit, resiliency, and documentation quality. • Application deadline: June 1, 2026; no pre‑bid meeting or site visit required. • Total budget: $15 million; grants used as match to FEMA recovery programs.