MUNICIPALITIES MUST GET CREATIVE TO FUND RESILIENCY IN A TIME OF BOTH GREATER NEED AND REDUCED FEDERAL FUNDING
Austin Perez, the National Association of REALTORS’ senior policy advisor, who specializes in tracking the true cost of insurance, natural disasters and their impacts on homeownership, said many states prone to natural disasters have already become much more self-reliant when it comes to disaster response, recovery and rebuilding.
Since the devastation of Hurricane
Andrew in 1992, Florida has had the top disaster response capacity of any
state.
Perez noted that FEMA is widely
acknowledged as one of the world’s leading agencies in coordinating logistics
and immediate disaster response, particularly in situations that exceed the
capacity of individual states.
While FEMA will continue to play a
critical role in disaster response, states will likely need to assume greater
responsibility for longer-term recovery efforts.
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