Jumpstart rules unlock but saddle Cedar Rapids flood buyouts
The city estimates up to 175 million dollars may be needed to buy out 1,300 flood damaged homes. Jumpstart aid may be forgivable if most buyout proceeds go to a mortgage holder, but retirees like Jon and Alice Galvin face repaying their 22,162 down payment after a buyout. Government payouts cover pre flood values, not replacement costs, leaving some residents at a loss despite new homes and partial relief.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Jon Galvin
Alice
Fifth St
23Rd St
Pratt
Volunteers rally to aid flood cleanup in Eastern Iowa aftermath
National disaster groups and faith organizations arrived to help Cedar Rapids flood victims as homeowners face revival efforts. Janet Hyde led a Midwest mission trip with 98 students and 54 adults from Naperville to assist Eastern Iowa, while 5000 volunteers from Iowa United Methodist Church offered help April to August. Coordinators warn state and federal aid shifts may reduce local needs, urging homeowners to seek free assistance before faucet runs dry.
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Cedar Rapids
Iowa City
Iowa
Iowa United Methodist Church
UI Hospitals faces $5 million loss as patient mix shifts
UI Hospitals and Clinics reports a $5 million operating loss despite a $23 million expense cut. The 2010 budget is $950 million with 3 percent patient growth expected. More indigent and Iowa Care Medicaid patients reduce revenue, as rivals also trim staff.
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Iowa
Robillard
University of Chicago
University of Pittsburgh
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