Governor Culver today announced that the I-JOBS Board of Directors has approved $30 million in I-JOBS funds to assist the construction of 23 disaster prevention-related initiatives in 21 counties.
The approved projects represent the entire $30 million in grants that the I-JOBS Board was charged with awarding as part of the Disaster Prevention Grant Program.
“The I-JOBS awards announced today will help cities and counties throughout the state move much-needed projects forward to protect their citizens from the impacts of natural disasters,” Culver said. “I created the I-JOBS initiative to build a better, stronger Iowa in response to the devastation of natural disasters. The awards announced today will do exactly that, by directly improving our state’s disaster prevention infrastructure and wisely using I-JOBS funds to make Iowa a safer place. The cost of preventing a disaster is much less than the cost of recovering from one.”
In 2010, the Iowa Legislature appropriated $30 million to the I-JOBS Board for a Disaster Prevention Grant Program that provides funds to cities and counties on a competitive basis.
Applications for the funds were due August 2.
The Iowa Finance Authority (IFA) administers the program and received 142 applications totaling more than $124.1 million in requests.
“The I-JOBS Board continues its commitment to helping Iowa cities and counties of all sizes move forward with projects that will benefit their citizens,” said I-JOBS Board Chair Jeff Pomeranz. “It’s with great pride that I serve with my fellow board members to award the important funding that I-JOBS provides to projects in communities, large and small, all throughout the state.”
The Iowa Legislature initially allocated funds for the I-JOBS program in 2009 and then identified additional I-JOBS programs and initiatives in 2010.
In all, the program includes $875 million raised through the issuance of bonds rather than increasing taxes.
I-JOBS is designed to create and retain jobs, rebuild communities impacted by the natural disasters of 2008, invest in Iowa’s infrastructure and promote long-term economic growth.
Multiple state agencies administer various I-JOBS programs, while the I-JOBS Board of Directors has jurisdiction over the Local Infrastructure Competitive Grant Program and the 2009 Targeted Disaster Rebuilding Program, both created in 2009, and the Disaster Prevention Grant Program and 2010 Targeted Disaster Rebuilding Program, both created in 2010.
In all, the I-JOBS Board has awarded $225.9 million to help the state recover from natural disasters and avoid future disasters.
More information on the Culver/Judge I-JOBS initiative is available at www.ijobsiowa.gov.
List of approved projects in Microsoft Excel
Topics: 2010, business, construction, disaster prevention, Disaster Prevention Grant Program, economic recovery, Economy, education, employment, Governance, government, Governor Chet Culver, grant, I-JOBS, I-JOBS Vision Grants, IFA, infrastructure, investment, Iowa, Iowa Finance Authority, jobs, LEED certification, Main Street Iowa Program, natural disasters, NICC, school, skills, tourism, training, travel, U.S., United States, Vision Iowa Board
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