WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao has announced the immediate availability of $9 million in “quick release” Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help repair roads damaged by flooding in Iowa. The funds were approved shortly after being requested by the Iowa Department of Transportation.
“These emergency relief funds will help Iowa expedite the repair process and restore access to roads as quickly as possible following the devastating floods in the state,” said Secretary Chao.
The U.S. Department of Transportation funding will be used to pay for the repairs done to restore essential traffic and prevent additional damage at locations impacted by severe flooding. An initial estimate of damage from this storm tops $90 million, with the damage on I-29 alone estimated at $40 million.
This initial “quick release” payment is considered a down payment on the costs of short–term repairs while the state continues damage assessments for long-term repairs.