Rock Valley estimates 100 homes may be eligible for FEMA buyouts

ROCK VALLEY, Iowa (KCAU) -- The City of Rock Valley is estimating that there may be enough FEMA money to allow the purchase of up to 100 homes.

The city said in a press release Monday that one of the most frequently asked questions they have run into is whether or not residents' homes will be bought out by FEMA after the flooding in June. The city said they are currently unsure of specific details as they will not have access to this money for approximately five more months.

"The City is aware that is not the timely response you need. Your frustration is understandable and if there was anything that the City could do to get you an answer today, it would have already been done. The main reason for the delay is that FEMA does not consider their program to be an immediate response action. Rather, they consider their program a long-term solution by permanently removing at-risk structures from the path of future flooding," the city said in the release.

The city said they were able to speak with FEMA in order to get a better idea of how much money would be available for buying out homes. The city is currently estimating that there will be enough money to buy up to 100 h...