HomeInsurance LawFlorida Owners: Potential Federal Funding for Hardening Your Property from Hurricane Injury | Property Insurance coverage Protection Legislation Weblog
The Florida Division of Commerce (Florida Commerce) has introduced the opening of the 30-day public remark interval to hunt public enter on Florida’s Draft State Motion Plan to entry and operationalize $910 million in funding.1 This federally allotted funding was for catastrophe restoration and mitigation following Hurricane Ian.
Federal Funding will probably be out there, and businesses are at present figuring out allocate these funds. When you personal property in any of the areas indicated, you could be a part of the method in detailing how that is spent. Relying in your location, the fundswill probably be administered by both the State of Florida or HUD:
Eligible Counties
HUD recognized 4 Florida counties (Lee, Orange, Sarasota and Volusia) who will obtain direct funding allocations separate from the quantity allotted to the State of Florida. These 4 counties will probably be accountable for designing their very own packages to deal with their communities’ unmet wants, in addition to administering any funds to run these packages. Florida Commerce is dedicated to working with all counties to swiftly administer long-term catastrophe restoration funds. For Floridians in direct-allocation counties who’re concerned with Hurricane Ian help, please contact your county instantly; their web sites are beneath:
One other 20 counties which were recognized as Most Impacted and Distressed (MID) areas are eligible for Hurricane Ian CDBG-DR packages from the State of Florida. Within the aftermath of the storm, HUD recognized 14 MID counties (Brevard, Charlotte, Collier, DeSoto, Hardee, Highlands, Hillsborough, Manatee, Monroe, Osceola, Pinellas, Polk, Seminole, and zip code 32177 [Putnam County]), and the remaining 6 counties have been recognized by the State of Florida as being State MID counties (Flagler, Glades, Hendry, Lake, Okeechobee, St. Johns). These counties will probably be serviced by the State of Florida by means of Florida Commerce and Rebuild Florida.
This map exhibits the HUD and State-identified MID counties for Hurricane Ian receiving help by means of Rebuild Florida. This map additionally incorporates the 4 entitlement counties.2
These packages cannot solely give you a chance to harden your property however could even lead to decrease insurance coverage charges. In case you are included within the areas indicated, I strongly advocate reaching out by means of the web site above to achieve the suitable administering authority to see about your eligibility and alternative to present enter relating to the method.
1 The Draft Hurricane Ian State Motion Plan for Catastrophe Restoration is at present out there for Public Remark from July 13, 2023 till August 12, 2023 5:00 EDT. Public Feedback could also be submitted July 13, 2023 till August 12, 2023 5:00 EDT through postal mail or e-mail to:
