News & Events

Hagerty Feature: Bipartisan Policy Center

The United States (US) Department of Housing and Urban Development (HUD) recently allocated the $5 billion Congress appropriated, in September 2021, for the Community Development Block Grant Disaster Recovery Program (CDBG-DR) to assist with the long-term recoveries of communities affected by disasters in 2020 and 2021. While these funds are a critical component of a recipient community’s recovery efforts, funding allocations have come, on average, 318 days after a major disaster was officially declared by the federal government, thereby slowing the overall pace of recovery.

Hagerty’s Senior Advisory for Community Recovery and former HUD Executive, Stan Gimont, recently authored a piece for the Bipartisan Policy Center that highlights this important timing concern, as well as how permanent legislative authorization of the HUD CDBG-DR program could help solve some of the current recovery-related challenges communities nationwide are facing.

Click here to learn more.