FEMA Awards Panama City $7.4 Million for Hurricane Michael Expenses
Targeted News Service (Press Releases)
TALLAHASSEE, Florida, March 18 -- The U.S. Department of Homeland Security'sFederal Emergency Management Agency issued the following news release:
FEMA has approved $7,495,304 to the state of Florida to assist Panama City with reimbursement for the costs of debris removal following Hurricane Michael under FEMA'sPublic Assistance Program.
FEMA funds will reimburse the city for the collection, reduction, disposal and site management of debris within Panama City following the October 2018 storm.
FEMA's Public Assistance grant program is an essential source of funding for communities recovering from a federally declared disaster or emergency. The Florida Division of Emergency Management works with FEMA during all phases of the program and conducts final reviews of FEMA-approved projects.
Applicants work directly with FEMA to develop project worksheets and scopes of work. Following approvals by FEMA and the Florida Division of Emergency Management, FEMA obligates funding for the project.
Once a project is obligated by FEMA, DEM works closely with the applicant to finalize the grant and begin making payments. DEM has implemented new procedures designed to ensure grant funding is provided to local communities as quickly as possible.
On March 9, President Trump expanded the federal cost share for debris removal and emergency protective measures to 100 percent for the first 45 days from Hurricane Michael's landfall. This and other Public Assistance projects were in process prior to approval of 100 percent cost share and are initially being funded at the original 75-percent federal cost share rate to avoid any delays. The projects will be adjusted to provide the remaining 25 percent of eligible costs to the applicants.
FEMA's Public Assistance program provides grants to state, tribal, and local governments, and certain types of private non-profit organizations including some houses of worship, so that communities can quickly respond to and recover from major disasters or emergencies.
North Suburban Man Sentenced to 5 Years in Federal Prison for Operating Ponzi Scheme That Swindled Elderly Investors
Changes To Flood Insurance Program To Go Into Effect In 2020
Advisor News
- Advisors must lead the policy risk conversation
- Gen X more anxious than baby boomers about retirement
- Taxing trend: How the OBBBA is breaking the standard deduction reliance
- Why advisors can’t afford to delay succession planning
- 6 in 10 Americans struggle with financial decisions
More Advisor NewsAnnuity News
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
More Annuity NewsHealth/Employee Benefits News
- New Public Health Findings from National Research and Innovation Agency Described (Social Determinants and Health Insurance Inequalities Among Children Younger Than Five in Indonesia: A Secondary Analysis of the 2022 SUSENAS): Health and Medicine – Public Health
- Study Results from Brown University School of Public Health in the Area of Health and Medicine Reported (General and Behavioral Health Screening Under EPSDT for Adolescents in New York Medicaid Managed Care): Health and Medicine
- New Findings from Washington University Yields New Data on Managed Care (The Fiscal Impact of the Medicare Secondary Payer Act for ESRD): Managed Care
- WARREN, SENATORS PUSH DR. OZ TO TACKLE MEDICARE ADVANTAGE ABUSE
- NBC NEWS: 'HOSPITAL COSTS ARE RISING FAR FASTER THAN INFLATION AND DROWNING AMERICANS IN DEBT'
More Health/Employee Benefits NewsLife Insurance News
- Nationwide enters centennial year stronger than ever
- AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries
- AM Best Affirms Credit Ratings of CMB Wing Lung Insurance Company Limited
- AM Best Upgrades Issuer Credit Ratings of Federated Mutual Group’s Members; Affirms Credit Ratings of Affiliates
- AM Best Affirms Credit Ratings of MetLife, Inc. and Its Life/Health Subsidiaries
More Life Insurance News