The International Economic Development Council's (IEDC) new report, Federal Disaster Recovery Funding: Minimizing Roadblocks to Maximize Resources (PDF), is intended to guide communities, states and economic development organizations through some of the challenges to using federal disaster recovery funds. Report highlights include:
- Guidance on which federal agencies assist communities and states in economic recovery
- An overview of how federal disaster recovery funding works
- Information on how to navigate the requirements of different federal disaster recovery funding programs
The report also includes information and guidance on obtaining waivers of specific funding requirements, with practical examples of communities that have used waivers to accelerate economic recovery. The last two years have broken records for disaster frequency, magnitude and expense in the United States. Even the most resilient communities and states struck by these disasters required all the help they could get from the federal government. That’s why it’s more important than ever for economic development organizations to be prepared for the task of economic recovery. This report is part of a larger compendium of research and technical assistance produced by IEDC and funded by the U.S. Economic Development Administration (EDA) Grant No. 08-79-04593, which focuses on long-term economic recovery of disaster impacted Gulf Coast communities in southeast Texas and Louisiana. The statements, findings, conclusions, recommendations, and other data in this report are solely those of IEDC and do not necessarily reflect the views of the U.S. Economic Development Administration.