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Statement by the Press Secretary

Mon Jun 30, 2008 9:53pm EDT
WASHINGTON--(Business Wire)--
The President today made additional disaster assistance available
to the State of Iowa impacted by severe storms, tornadoes, and
flooding beginning on May 25, 2008, and continuing, by authorizing an
increase in the level of Federal funding for emergency protective
measures, including direct Federal assistance, under the Public
Assistance program.

   The President's major disaster declaration issued for the State on
May 27, 2008, initially authorized Individual Assistance, Public
Assistance, and Hazard Mitigation, and any other forms of assistance
under the Stafford Act, subject to the completion of joint Federal,
State, and local Preliminary Damage Assessments. Public Assistance,
Hazard Mitigation, and Other Needs Assistance under Section 408 were
authorized at 75 percent Federal funding of total eligible costs.

   Under the President's order today, the Federal share has been
increased to 90 percent of the total eligible costs for emergency
protective measures, including direct Federal assistance, under the
Public Assistance program. This adjustment is effective until the
respective date at which the National Oceanic and Atmospheric
Administration's National Weather Service River Forecast Center
reports that the rivers in the State of Iowa, which have experienced
historical flooding, fall below flood stage.

   The increase to 90 percent Federal share is retroactive to the
date of the President's major disaster declaration for the State of
Iowa.

   FOR FURTHER INFORMATION CONTACT: FEMA (202) 646-4600.

White House Press Office
1-202-456-2580

Copyright Business Wire 2008



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