MUNICIPALITIES MUST GET CREATIVE TO FUND RESILIENCY IN A TIME OF BOTH GREATER NEED AND REDUCED FEDERAL FUNDING
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“Damage from extreme weather will cost the South Florida region — Miami-Dade, Broward and Palm Beach counties — more than $5.67 billion annually, per a new Urban Institute analysis using FEMA data,” reported news site Axios this August.
This perfect storm of greater need
with lower federal funding is pressing cities, counties and other
municipalities to explore bonds, revolving loan funds, public-private
partnerships, nonprofit foundations, utility fees and other ways of footing the
bill for very costly green infrastructure.
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