Ernst pressing for changes in formula for water infrastructure projects
Author
Published
12/8/2017
Senator Joni Ernst is pressing U.S. officials to “modify” the formula for dispensing federal flood aid. Ernst says the current “cost benefit” analysis used by the Army Corps of Engineers is preventing Cedar Rapids from getting federal help to finance flood prevention projects.
“The reason for that is because of the relatively low property values in the city,” Ernst says. “Iowa has very reasonable housing property values.”
The Army Corps does have some authority to make exceptions to its funding formula requirements, but Ernst says the money is still going to the coasts where property values are far higher.
Read the full article on the Radio Iowa website.
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