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Marketplace®

Daily business news and economic stories

FEMA

FEMA’s 50% elevation rule forces tough choices in flood-prone communities
Carlyle Calhoun
The rule is designed to stop the cycle of flood damage, but it’s leading to opposite outcomes in two Louisiana towns.
What are the best ways to help those affected by the LA wildfires?
Etienne Laurent/AFP via Getty Images
GoFundMe campaigns to help out those affected by Southern California’s wildfires have raised at least $100 million, a spokesperson said.
Billions are spent on housing after disasters. Why does recovery take so long?
Thomas Shea/AFP via Getty Images
Federal funding doesn’t become available for rebuilding efforts until an average of two years after a storm, one study showed.
What you should know about applying for disaster assistance and unemployment benefits after a hurricane
Bonnie Cash/AFP via Getty Images
FEMA offers $770 for disasters declared starting this month, but it’s not the only money you can get.
As weather disasters intensify, state and local governments are footing more of the recovery bill
Joe Raedle/Getty Images
Recovery goes on long after the cameras have moved on.
As Helene barrels into the Gulf Coast, FEMA faces shortfall for longer-term recovery
Mandel Ngan/AFP via Getty Images
FEMA will have enough for immediate emergency response, but the latest government funding bill didn’t include additional funding to help communities struggling from past disasters.
New Biden administration rules aim to unsnarl FEMA relief for disaster victims
Mario Tama/Getty Images
The rules include up-front housing vouchers and broader access to flexible, critical-needs payments in the aftermath of a disaster.
After disasters, mobile home owners often struggle to recover
Alex Hager/KUNC
Mobile homes are uniquely vulnerable when natural disasters hit, and face challenges when trying to get recovery money. Some in Colorado are still grappling with the effects of flooding in 2013.
Financially, FEMA may not be equipped to handle climate change
Scott Olson/Getty Images
The Federal Emergency Management Agency’s disaster relief fund is likely to be in the red sometime next month.
Flood insurance program updates hit homeowners hard
David Greedy/Getty Images
In some counties, the rates for property owners have increased on average more than 600 percent.

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