Category Archives: Disaster finance

Deadline Approaching for FEMA Disaster Mitigation Funding Opportunities

The deadline for local governments to submit subapplications to their state for FEMA’s Flood Mitigation Assistance (FMA) and Pre-Disaster Mitigation (PDM) programs is quickly approaching. With a combined more than $395 million available, the programs provide local governments with an important opportunity to jumpstart or maintain disaster mitigation planning and project activities that can significantly… Read more

IBTS Fact Sheet: SBA Disaster Loans

What are SBA disaster loans? The offers low-interest loans to homeowners and renters for repairing homes, rebuilding homes or replacing personal property following a natural disaster. These loans provide assistance to individuals whose needs are not fully met by insurance, or other compensation. Unlike other types of disaster assistance, these are loans that must be paid… Read more

An Emerging Disaster Preparedness Tool: Catastrophe Bonds

Although the numbers for losses incurred by 2018 disasters aren’t in yet, it’s likely that 2018 will be another record-breaking year for disaster losses in the US. Given the steady increase in disaster-induced losses, governments of all levels are pursuing the smartest ways to ensure the security, safety, stability and success of their constituents. As… Read more