HomeMy WebLinkAbout~Master - Program Guidelines for Iowans Helping Iowans RESOLUTION NO. 10-512
RESOLUTION APPROVING PROGRAM GUIDELINES FOR
ADMINISTERING OF "IOWANS HELPING IOWANS"
DISASTER RELIEF PROGRAM
FOR THE CITY OF AMES
WHEREAS,on August 23,2010,the Governor announced the"Iowans Helping Iowans"(IHI)Program
as part of the state's flood recovery efforts, and this housing plan was designed to help bridge the gap between
the immediate needs of Iowans and assistance being made available through the Federal Emergency Management
Agency(FEMA); and,
WHEREAS,IHI for residential units(owner-occupied only)is managed by Iowa Finance Authority(IFA);
and,
WHEREAS,under this assistance program, IFA grants funds to local government participants such as
cities and Councils of Governments, and on August 31, the City Council approved a resolution for the City to
administer the program within Ames; and,
WHEREAS,the City,in turn,will loan the funds to eligible residents under the conditions specified,and
forgivable loans will be made available for the following purposes: to assist home owners in purchasing homes
generally comparable to those they lived in prior to the occurrence of the natural disaster of 2010, and to assist
home owners with the cost of repairing or rehabilitating disaster-affected homes; and,
WHEREAS, funds are provided under this program by the State of Iowa and are restricted to owner-
occupied primary residences only,and these funds come in the form of loans that will be forgiven over a 5-year
period at a rate of 20%per year, as long as the home owner remains in the home; and,
WHEREAS,to be eligible,local home owners must have registered with FEMA and been awarded some
form of FEMA housing assistance, and, to date, eight applications have been received with one not meeting
program requirements; and,
WHEREAS, as staff reviewed the IFA guidelines in comparison with the application requests, it was
found that the guidelines are too broad to be able to consistently treat each application in a fair and equitable
manner,and IFA's contract allows and encourages administrators to adopt more specific repair criteria that meet
the needs of their respective jurisdictions; and,
WHEREAS, with background information from several other jurisdiction administrators, staff created
program guidelines that more specifically address the needs for the City of Ames.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the
program guidelines for administration of the"Iowans Helping Iowans"Disaster Assistance Program on behalf
of the Iowa Finance Authority are hereby approved.
ADOPTED THIS 26th day of October,2010.
LX,4& A. "41. CA,4441.0
Diane R. Voss, City Clerk Ann H. Campbell, Mayor Ar
Introduced by: Davis
Seconded by: Mahayni
Voting aye: Davis, Goodman,Mahayni,Larson, Orazem,Wacha
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 26th day of October,2010.