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HUD May Send Over $633M to Florida for Disaster Aid

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Real Estate Agent with Highlight Realty
Nine states could get part of $6.85 billion in aid for disasters from 2015 to 2017 under just-announced HUD program rules. Texas could get the most at $4.07 billion.

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) allocated $6.85 billion in Community Development Block Grant Mitigation funds to grantees recovering from qualifying 2015, 2016 and 2017 disasters.

Florida is one of the nine states and five local communities that qualify if they adhere to rules HUD created. The total potential money coming into the state for mitigation efforts for 2016 and 2017 storms is $633,485,000. HUD’s 126-page notice explains the program’s regulations.

According to HUD, CDBG-Mitigation funds are an opportunity for grantees to use fund in areas impacted by recent disasters to carry out long-term strategic and high-impact activities that lower disaster risks in future losses.

HUD’s goals for the program

  • Support data-informed investments in high-impact projects that will reduce risks attributable to natural disasters, with particular focus on repetitive loss of property and critical infrastructure
  • Build the capacity of states and local governments to comprehensively analyze disaster risks and update hazard mitigation plans through data and community engagement
  • Support adoption of policies that reflect local and regional priorities with long-lasting effects on community risk reduction, and to include the risk reduction to community lifelines
  • Maximize the impact of available funds by encouraging leverage of private-public partnerships, and coordination with other federal programs.

States and areas slated to receive HUD funding

2017 Disasters

Texas – $4,074,456,000

Florida – $549,684,000

California – $88,219,000

Georgia – $26,961,000

Missouri – $41,592,000

 

2016 Disasters

Louisiana – $1,213,917,000

Texas – $169,748,000

North Carolina – $168,067,000

West Virginia – $106,494,000

Florida – $83,801,000

South Carolina – $67,564,000

 

2015 Disasters

South Carolina – $90,026,000

Houston, Texas – $61,884,000

Texas – $52,985,000

San Marcos, Texas – $24,012,000

Richland County, S.C. – $21,864,000
Columbia, S.C. – $18,585,000

Lexington County, S.C. – $15,185,000

Total: $6,847,044,000

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HIGHLIGHT REALTY                                                                    Tatyana Permanova 561-756-6962 561-756-6962 - Tatyana Permanova

 

 

 

HIGHLIGHT REALTY                                                                    Tatyana Permanova 561-756-6962 tpermanova@gmail.com

 

 

 

           

 

 

 

 

 

 

 

Tatyana Permanova

 

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