Spring, Texas – October 16th, 2017: From The Office of Congressman Kevin Brady: After a late night meeting with leaders of the U.S. House of Representatives, and consulting with Governor Abbott, members of the Texas delegation have identified nearly $15 billion of emergency funding for Texas to be included in the emergency disaster funding bill that passed the House this afternoon.
In a telephone call with members of the Texas Delegation, Governor Abbott expressed his commitment to continuing to work with the Texas Congressional Delegation and Congressional Leadership to ensure that Texas has the resources needed to recover and rebuild.
The measure includes $11 billion to pay anticipated claims for flood insurance for Texas victims of Hurricane Harvey and an estimated $4 billion for the FEMA disaster relief fund for Texas. The new FEMA funding for Texas will provide direct housing assistance, home repairs, debris removal and public assistance grants to eligible communities to begin repairs of roads, utility work, schools and public buildings.
The flood insurance program is expected to run out of money within weeks – meaning Texas claims would not be paid – and FEMA funding will be exhausted soon due to the faster than expected drawdown to address Hurricane Maria claims.
In addition to the $15 billion, Texas cities will also have access to a $4.9 billion pool for grants for Community Disaster Loans. These loans help communities with revenue losses due to disasters, so the communities can pay for police and fire protection and other critical local needs during their recovery.