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If a factory is flooded and at risk for closing permanently is it eligible to apply for State of Iowa incentives?

April 26, 2017closing eligible factory flooded incentives Iowa permanently risk State

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If a factory is flooded and at risk for closing permanently is it eligible to apply for State of Iowa incentives?

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Initial applications for disaster assistance should go to FEMA and SBA. IDED can assist with completing the applications.IDED’s board has not yet considered this question and can only do so on a case by case basis. Assessment of local damages and communications with insurance and Federal assistance officials must be completed prior to the state providing any assistance. IDED’s assistance potential is currently limited and will be determined in the near future.