HUD Allocates More than $2 Billion to Advance Equitable Disaster Recovery, Build Climate Change Resilience

HUD Allocates More than $2 Billion to Advance Equitable Disaster Recovery, Build Climate Change Resilience

Investor Update
November 1, 2021

Source: U.S. Department of Housing and Urban Development

WASHINGTON – The U.S. Department of Housing and Urban Development today announced the allocation of more than $2 billion ($2,040,617,000) in CDBG-Disaster Recovery and CDBG-Mitigation funds appropriated in the continuing resolution, the Extending Government Funding and Delivering Emergency Assistance Act, signed into law on September 30, 2021. These allocations underscore HUD and the Biden-Harris Administration’s commitment to equitably improving the nation’s disaster recovery and building long-term, inclusive resilience to meet the impacts of climate change, particularly for historically marginalized communities.

This allocation is being made to 10 states covering 15 separate major disasters that occurred calendar year 2020

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