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HUD PROVIDES ADDITIONAL $31 MILLION TO HELP ILLINOIS RECOVER FROM SEVERE 2013 STORMS

By HUD -

Chicago, Cook County, and DuPage County To Receive Additional Disaster Recovery Funds

WASHINGTON – July 18, 2014 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced the allocation of more than $31 million to the City of Chicago, Cook County, and DuPage County to help these communities recover from devastating storms, strong winds and flooding.  These grants are provided through HUD’s Community Development Block Grant-Disaster Recovery (CDBG-DR) Program to support long-term disaster recovery efforts in areas with the greatest extent of ‘unmet need.’

The City of Chicago will receive $11 million; Cook County will receive $14.8 million; and DuPage County will receive $5.6 million to support local recovery efforts following powerful storms and flooding that occurred from April 16 through May 5 of 2013. To date, HUD has allocated more than $188 million to support long-term disaster recovery in some of Illinois’ hardest-hit communities:

Grantee

Grants Announced Today

Previous Grants

Total

Chicago

$11,075,000

$52,000,000

$63,075,000
Cook County

$14,816,000

$68,800,000

$83,616,000
DuPage County

$5,626,000

$25,900,000

$31,526,000
State of Illinois

$10,400,000

$10,400,000

TOTAL

$31,517,000

$157,100,000

$188,617,000
“Since Illinois was struck by severe storms last year, HUD has worked closely with local officials to ensure they have the resources they need to help the hardest-hit communities recover,” said Donovan.  “HUD will continue working with state and local leaders as they rebuild homes and businesses to be more resilient and better prepared for future storms.”

The Disaster Relief Appropriations Act of 2013, signed into law by President Obama on January 29th, included $16 billion in CDBG-DR funding. The legislation specifies these funds are to be used “for necessary expenses related to disaster relief, long-term recovery, restoration of infrastructure and housing, and economic revitalization in the most impacted and distressed areas resulting from a major disaster.”

HUD’s CDBG-DR grants are intended to confront housing, business and infrastructure needs beyond those addressed by other forms of public and private assistance. Using a combination of data from the Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA), HUD identified particular counties in Colorado with the greatest extent of damage to housing, businesses and infrastructure.

HUD will shortly publish a Notice that will regulate the use of the funds announced today. The grantees will then finalize disaster ‘action plans’ describing how they intend to expend these funds to support disaster recovery and HUD will quickly review them.

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HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.
HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
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