Biden admin announces $3 billion in FEMA climate resilience funding
Source: Reuters
WASHINGTON, Aug 12 (Reuters) - The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change.
Funding for the Building Resilient Infrastructure and Communities (BRIC) program, which funds projects that protect people and infrastructure from natural hazards and the effects of climate change, will more than double to nearly $2.3 billion.
The Flood Mitigation Assistance program, which funds projects to help mitigate flood risks for homes and communities, will see a five-fold increase in funding to $800 million. Some of the funding for the two Federal Emergency Management Agency programs will come from last year's bipartisan infrastructure law, with $700 million for the flood program, and $200 million for BRIC. The rest will come from FEMA's Disaster Relief Fund.
"Chronic lack of investment in climate resilience has only made matters worse for Americas crumbling infrastructure," FEMA Administrator Deanne Criswell said in a statement. "Unfortunately, these issues are magnified in historically underserved communities." Through the funding "we seek to correct this injustice and ensure that every community is better able to prepare before disasters strike," Criswell said.
Read more: https://www.reuters.com/world/us/biden-admin-announces-3-bln-fema-climate-resilience-funding-2022-08-12/?taid=62f6884258b19d0001bb7cdb
Couldn't come soon enough!
Kaleva
(36,343 posts)RussBLib
(9,035 posts)So many investments. Lots of businesses are already hurting for workers.