Two state boards took action this week to implement Governor Culver’s $40 million flood recovery intiative for homeowners and small businesses.  The Iowa Department of Economic Development Board approved $10 million for the initiative today and will also administer the Jumpstart Small Business Assistance Program.

Yesterday, the Iowa Power Fund Board approved $7.5 million for energy efficient flood repair and rebuilding.  Applications for the Jumpstart initiative should be available next week.