HUD Announces $616 Million in CDBG-DR for Florida

HUD announced on November 28 that Florida would receive $615,922,000 in Community Development Block Grant-Disaster Recovery (CDBG-DR) funding. This amount is based on data from FEMA and SBA on the number of seriously damaged homes that lack adequate insurance and businesses that fail to qualify for SBA disaster loans. The media release stated that additional grants to other jurisdictions impacted by disasters in 2017 will be announced as more data become available. Congress appropriated $7.4 billion in CDBG-DR for 2017 disasters; Texas was granted a little more than $5 billion (see Memo, 11/20). The administration has only requested $12 billion more for CDBG-DR, limited to flood mitigation and to be awarded on a competitive basis only to states and territories that have had more than one flood-related major disaster declaration in the past four years. (see Memo, 11/20). HUD is expected to publish soon, perhaps this week, a Federal Register notice guiding the use of these CDBG-DR funds.