Iowa Code Title I. State Sovereignty and Management [Chs. 1-38D] § 29D.2. Definitions

1. “Authority” means the Iowa finance authority created in section 16.1A.

2. “Cost” means all costs or indebtedness incurred by a loan recipient and determined by the department as reasonable and necessary for carrying out all work necessary or incidental to the accomplishment of a project.

3. “Department” means the department of homeland security and emergency management.

4. “Director” means the director of the department of homeland security and emergency management.

5. “Eligible entity” means a person that is eligible under the STORM Act to receive a loan under the program.

6. “Fund” means the natural hazard mitigation revolving loan fund created in section 29D.4.

7. “Loan recipient” means an eligible entity that has received a loan from the fund.

8. “Municipality” means a city, county, sanitary district, state agency, or other governmental body or corporation, or any combination of two or more governmental bodies or corporations acting jointly, in connection with a project.

9. “Private entity” means a corporation, limited liability company, trust, estate, partnership, association, or any other legal entity or a legal representative, agent, officer, employee, or assignee of such entity.  “Private entity” does not include any of the following:

10. “Program” means the natural hazard mitigation financing program created in section 29D.3.

12. “Safeguarding tomorrow through ongoing risk mitigation Act”, or “STORM Act”, means the federal Robert T. Stafford Disaster Relief and Emergency Assistance Act, Pub. L. No. 93-288, as amended, 42 U.S.C. § 5121 et seq.