North Carolina will receive $542 million in federal aid to help address long-term needs in the rebuilding efforts from Hurricane Florence.
The North Carolina Office of Recovery and Resiliency will submit an action plan, detailing how the money will be spent, to the U.S. Department of Housing and Urban Development (HUD). HUD will then have to approve the plan, which if passed will release the funding to the state.
“The $542 million in federal funds from HUD will facilitate long-term recovery for communities impacted by the hurricane, as well as help mitigate the impact of future disasters,” said U.S. Rep. David Price, D-N.C., in a press release. “I will continue advocating for North Carolina as our state rebuilds, and I call on the Senate to take up the House-passed Reforming Disaster Recovery Act of 2019 to speed up and improve the recovery process.”
The funds are part of the Community Development Block Grant–Disaster Recovery program through which Congress is allowed to appropriate funds for long-term unmet needs after the President has declared a major disaster.
Katelynn Vogt, communications director for Price, said the funds can be used for purchasing real estate, public service, interim assistance, relocation, construction and rehabilitation of housing, and loss of rental income. Vogt said the CDBG-DR program requires that funds must principally benefit low and moderate income persons, aid in preventing slums or meet an urgent community development need.