Nearly $200M More For Colorado Flood Recovery

March 24, 2014
Colorado Flooding

Colorado is getting an additional $199 million from the federal government to help communities devastated by September’s historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan announced.

The funds from HUD will help with housing and infrastructure repairs and flood mitigation as state officials prepare for spring runoff from the winter snowpack.

It’s going to make an enormous difference right at the right time,” Donovan said, also noting that construction season is just ramping up. Donovan made the announcement at the state Capitol with Democratic Gov. John Hickenlooper and U.S. Sens. Mark Udall and Michael Bennet.

“We all know that while we can never truly replace the homes, the businesses, the lives that were lost because of this natural disaster, I know that with this announcement today, we can help you all move forward with the rebuilding of your homes and your communities,” Donovan said.

At least 80 percent of the funds will be spent on the hardest-hit communities – Weld, Boulder, and Larimer counties. The funds add to the nearly $63 million in disaster relief that HUD awarded Colorado in December.

The floods damaged or destroyed nearly 2,000 homes, washed out hundreds of miles of roads, and damaged dozens of bridges. Nine people were killed.

Hickenlooper praised the recovery efforts.

“We have seen, I think, one of the best examples of local response and recovery integrated with state response and recovery, integrated with federal response and recovery that I could ever imagine,” he said.

Copyright 2014 Associated Press.

From This Issue

Insurance Journal West March 24, 2014
March 24, 2014
Insurance Journal West Magazine

Hot New Markets; High Risk Property; Corporate Profiles – Spring Edition; 2013 Mergers & Acquisitions Summary Report

Subscribe Insurance news headlines delivered to your email.
Get a free subscription to our popular email newsletter.

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features