WASHINGTON, D.C. – November 6, 2013 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today approved a $17.9 million disaster recovery plan by the State of Vermont to help local communities to recover from the lingering effects of Hurricane Irene in the summer of 2011. Earlier this year, HUD allocated these disaster recovery funds to Vermont through the Community Development Block Grant (CDBG) Program.
“This is another important step toward recovery and healing for hard-hit communities across Vermont,” said HUD Secretary Shaun Donovan. “State and local planners will now be able to implement their recovery strategies for restoring and rebuilding housing, infrastructure, and businesses that have been affected.”
The Disaster Relief Appropriations Act of 2013, signed into law by President Obama on January 29th, included $16 billion in CDBG-Disaster Recovery funding. HUD will announce additional allocations throughout the year based upon the level of remaining needs to help other states and local communities impacted by natural disasters in 2011-2013.
HUD’s CDBG-Disaster Recovery grants are intended to confront housing, business and infrastructure needs beyond those addressed by private insurance and other forms of public assistance. Using a combination of data from the Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA), HUD identified those states and local communities requiring the greatest assistance to recover from devastating tornadoes in the Southeast and Missouri; remnants of Hurricanes Irene and Lee in the Northeast and New England; severe flooding in parts of North Dakota; and destructive wildfires in Texas. In January of 2012, HUD also allocated $7 million throughout Massachusetts to help communities recover from severe storms and tornadoes in the Summer of 2011.
HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.
HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
More information about HUD and its programs is available on the Internet at www.hud.gov and
http://espanol.hud.gov. You can also follow HUD on twitter @HUDnews, on facebook at
www.facebook.com/HUD, or sign up for news alerts on HUD’s News Listserv.