Jacob Bogage and Maxine Joselow of The Washington Post report on how Hurricane Milton may impact FEMA’s nationwide recovery efforts.
Federal relief agencies are confronting a potential budget shortfall as aid begins reaching communities battered by Hurricane Helene and large swaths of the Southeast prepare for Hurricane Milton to strike Florida as a monster storm.
The funding crunch is most dire for the Small Business Administration, which provides loans for homeowners and businesses to rebuild after disasters. The agency is down to weeks’ worth of available funding, officials said.
The Federal Emergency Management Agency, the government’s first responder and disaster-recovery financier, has enough funding to meet Helene and Milton victims’ immediate needs. But if the impacts of the second storm are particularly severe, they could temporarily hamper the agency’s ability to fund ongoing recovery projects nationwide.
Read the full article here.
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