HUD Offers Florida $1.3B for Disaster Recovery
The money will benefit Floridians recovering from Hurricane Michael ($735M) and help the state invest in large-scale disaster mitigation projects ($633M).
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) is making more than $1.3 billion in funding available to the state of Florida. The money can be used immediately to help Floridians recover from Hurricane Michael and for large-scale disaster mitigation project investments.
“The great people of Florida and the state leadership continue to show their resilience as they persevere through the recovery process of rebuilding their homes, restoring their businesses, and repairing their critical infrastructure,” says HUD Secretary Carson.
“We are pleased to partner with Florida in the disaster recovery process as well as helping to prepare for future disasters. HUD stands ready to assist and will continue to do so,” adds HUD Acting Assistant Secretary for Community Planning and Development John Gibbs.
The funding is through two separate programs:
- CDBG-MIT: $633 million under the new Community Development Block Grant, Mitigation Program will allow the state to undertake strategic, high-impact projects to mitigate disaster risks and better protect against future losses
- CDBG-DR: $735 million will be available to address unmet housing and infrastructure needs resulting from the impacts of Hurricane Michael on the Florida Panhandle
CDBG-DR grants support a variety of disaster recovery activities including housing redevelopment and rebuilding, business assistance, economic revitalization and infrastructure repair. Grantees must spend a majority of the funds in “most impacted” areas identified by HUD.
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