Jumpstart Iowa Recovery Initiative
The Jumpstart Iowa Recovery Initiative is a housing and economic development program developed to address the financial needs of Iowans affected by the 2008 storms, flooding and tornadoes.
The Initiative contains two programs: one to address housing needs in storm-impacted communities, and one to help small businesses damaged by this year’s severe weather.
Jump to:
- Jumpstart Iowa Housing Assistance Program
- Jumpstart Iowa Small Business Assistance Program
- Jumpstart Contact Information
Jumpstart Iowa Housing Assistance Program
The Jumpstart Iowa Housing Assistance Program is administered through the Iowa Finance Authority and the Iowa Department of Economic Development. This program will help disaster-impacted homeowners either make a down payment on a new house, repair their current home, or maintain their mortgages while waiting for a potential buyout from FEMA. For down payment assistance and housing rehabilitation assistance, the maximum award is a $60,000 loan which will be forgiven if the homeowner stays in the house for 5 years.
>>> Learn more and access the application for the Jumpstart Iowa Housing Assistance Program from the Iowa Department of Economic Development.
>>> For more information: Jumpstart Housing Assistance Program Contact Information
"Jumpstart Express" Emergency Repair Option
"Jumpstart Express" Emergency Repair is an option under the Jumpstart Iowa Housing Assistance Program. The application process for "Jumpstart Express" is the same as Jumpstart Iowa Housing Assistance. This option helps homeowners repair their current home without having to meet all of the previous requirements. The maximum award is a $24,999 loan which will be forgiven if the homeowner stays in the house for 5 years.
>>> Learn more and access the application for the Jumpstart Iowa Housing Assistance Program from the Iowa Department of Economic Development.
>>> For more information: Jumpstart Housing Assistance Program Contact Information
Jumpstart Iowa Small Business Assistance Program
The application deadline for this program has passed.
Administered through the Iowa Department of Economic Development, the Jumpstart Iowa Small Business Assistance Program provided forgivable loans to small businesses impacted by the 2008 summer disasters. The funds helped pay down their SBA loans from the federal government, and provided funding to promote sustainable rebuilding efforts. The maximum award was a $55,000 loan. The loans will be forgiven if the business opens its doors within 12 months of receiving funds.
>>> For more information: Jumpstart Small Business Assistance Program Contact Information
Jumpstart Iowa Contact Information
To view the Jumpstart Iowa Housing and Small Business program contacts for your area, select the following links:
Jumpstart Iowa Housing Contacts
Jumpstart Iowa Small Business Contacts