Insurance News Net 2/26/2019
In a pair of announcements Monday, federal and state officials said help is on the way for those still recovering from recent disasters.
The U.S. Department of Housing and Urban Development said it has approved the state's updated Hurricane Harvey recovery plan submitted in November, including $652 million to supplement the $5 billion allocated in 2018.
Also Monday, President Donald Trump approved a major disaster declaration for more than 30 Texas counties, including Travis, that were hit by devastating floods in September and November. The declaration makes federal funds available to state and local governments, along with private nonprofit organizations, for repairs related to the floods and hazard mitigation to lessen the impact of future flooding.
The latest amendment to the Texas General Land Office's plan allocates federal funding to its programs and Houston and Harris County programs. The goal is to rebuild homes, businesses and public transportation networks and to mitigate future disasters including flooding, Gov. Greg Abbott said.
"We are working to make sure that these resources will be allocated in a way that will help those affected rebuild quickly," he said.
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