3:13 pm - Wednesday December 17, 7147

Federal Disaster Aid for Colorado Flooding Tops $245Million‏

Since heavy rains brought flooding in September 2013, Colorado survivors have received more than $245 million in federal recovery assistance.


More than $214 million has come from disaster grants, flood insurance payments and low-interest disaster loans. More than $31 million has been obligated under the Federal Emergency Management Agency’s Public Assistance program to repair and rebuild critical infrastructure and restore vital services.


To date:


• FEMA has granted $54.5 million for housing assistance in 11 designated counties and more than $4.6 million in other needs assistance, such as disaster-related medical expenses or personal property loss. Flood survivors have also received disaster unemployment assistance and disaster legal services.


• FEMA has obligated $31.3 million to publicly owned entities and certain nonprofits in 18 designated counties. Through its Public Assistance cost-share program, FEMA reimburses 75 percent for eligible, disaster-related costs for debris removal, emergency measures and permanent work to repair and replace disaster-damaged public facilities. The remaining 25 percent nonfederal share comes from state and local sources. The state manages the grants for all projects.


• The U.S. Small Business Administration has approved $96 million in federal disaster loans to Colorado homeowners, renters, businesses and private nonprofit organizations that sustained damage from the severe storms and flooding.


• The National Flood Insurance Program has approved $59.3 million to settle 1,973 claims.


• FEMA is providing manufactured housing units for 44 households who have no other suitable housing available.




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