DES MOINES, Iowa (AP) — Iowa Gov. Kim Reynolds says she is allocating $700 million of the state’s federal coronavirus emergency relief money to programs that will help farmers, businesses, homeowners, renters and local governments.
Reynolds said Friday that Iowa has received $1.25 billion in federal funding and she will hold $550 million to cover unforeseen coronavirus pandemic expenses and to support the state’s unemployment trust fund.
Of the $700 million she will allocate, Reynolds says $215 million would be spent on a small business relief program. Additional funds will help renters and homeowners who haven’t made house payments from being evicted or foreclosed upon. Another $100 million will help farmers.
3 News Now This Morning Anchor Courtney Johns provided live updates via Twitter:
20 more people have died from the coronavirus in Iowa.
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Here’s a look at the latest numbers:
520 deaths
290 new cases
18,782 total cases
10,570 recovered
376 currently hospitalized#coronavirus pic.twitter.com/5AjurvucnM
Gov. Reynolds says the president will extend the National Guard orders through August to help with the coronavirus. #coronavirus
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Sen Joni Ernst says Iowa small businesses have gotten 54,000 PPP loans in response to the coronavirus through the CARES Act.
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Sen. Ernst says she is working to getting essential worker relief including a suspension of federal income taxes.
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Gov. Reynolds is adjusting her schedule. Instead of doing daily press conferences M-F, she will hold it just Tuesday and Thursday. #coronavirus
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Gov. Reynolds is adjusting her schedule. Instead of doing daily press conferences M-F, she will hold it just Tuesday and Thursday. #coronavirus
— Courtney Johns (@CourtneyJohnsTV) May 29, 2020
Watch below.
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