FEMA Announces Cost Share Adjustment For Florida
WASHINGTON, March 11 -- The U.S. Department of Homeland Security's Federal Emergency Management Agency issued the following news release:
Acting FEMA Administrator Pete Gaynor announced that on Saturday, the President made additional assistance available for the state of Florida's Hurricane Michael recovery efforts.
This approval allows for 100 percent retroactive federal funding to cover all costs for debris removal, emergency protective measures and direct federal assistance from Oct. 10 to Nov. 24, 2018.
The President previously approved a 100 percent federal cost share adjustment for debris removal, emergency protective measures and direct federal assistance for a five-day continuous period of the state's choosing.
The federal cost share returns to 75 percent following Nov. 24, 2018 for all emergency and permanent Public Assistance grants.
Since Hurricane Michael, FEMA has provided more than $137 million in grants to survivors. Additionally, more than $195.7 million in flood insurance claims have been paid, and more than $624.4 million of low-interest loans to survivors and businesses. FEMA has also obligated more than $5.5 million in Public Assistance grants.
ICBA: Industrial Loan Companies Put Consumers at Risk
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News