Dunn Introduces Bill to Reimburse Disaster Recovery Interest Payments

Dunn Introduces Bill to Reimburse Disaster Recovery Interest Payments

Representative Neal Dunn (R-FL) has introduced the FEMA Loan Interest Payment Relief Act, a bill that would "provide financial assistance to local governments and electric cooperatives by reimbursing interest payments on loans used for disaster recovery activities." The legislation would make the federal government financially responsible for the interest accumulated on disaster recovery loans. Rep. Dunn's rationale for this bill is that when th…

Disaster recovery funding released

After an extended delay, the White House has approved Virginia’s request for a federal major disaster declaration in response to the February winter storms, paving the way for funding to assist with recovery from flooding and other damage.