Disaster Recovery Tag Archives

A Perfect Storm: Extreme Weather as an Affordable Housing Crisis Multiplier

A new report from the Center for American Progress urges lawmakers to address the nation’s affordable housing crisis when tackling climate change in order to build more resilient and prepared communities. These actions include supporting equitable evacuation and disaster recovery for all survivors; expanding investments in federal rental and homeless assistance programs; prioritizing equitable housing policies and just community development; building resilient infrastructure; and increasing funding for disaster mitigation and climate change adaptation.

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Florida Issues Disaster Relief Grants

The Florida Housing Finance Corporation issued RFA 2019-102 Community Development Block Grant-Disaster Recovery (CDBG-DR) to be used in conjunction with Tax-Exempt MMRB and Non-Competitive Housing Credits in Counties Deemed Hurricane Recovery Priorities. Interested parties may access the complete RFA and the online Application to apply for funding here.

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Bipartisan Group of Senators Introduces Bill to Expand Opportunity Zones

On November 15, Sens. Richard Burr (R-NC), Dianne Feinstein (D-CA), Lindsay Graham (R-SC), Kamala Harris (D-CA), Bill Nelson (D-FL), Marco Rubio (R-FL), and Thom Tillis (R-NC) introduced the “Hurricanes Florence and Michael and California Wildfire Tax Relief Act” (S. 3648). The bill, in addition to providing tax relief for victims of the natural disasters like an employment credit and tax-favored withdrawals from retirement plans, would designate all of the applicable disaster zones as an Opportunity Zones.

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