Colorado residents have received more than $245 million in federal recovery assistance since heavy rains brought flooding in September 2013, according to the Federal Emergency Management Agency.

In a release, the agency breaks down the sources of the funds, with more than $214 million coming from from disaster grants, flood insurance payments and low-interest disaster loans. More than $31 million has been obligated under FEMA's Public Assistance program to repair and rebuild critical infrastructure and restore vital services.

FEMA reports that to date, it has approved $59.3 million to settle 1,973 claims. It also granted $54.5 million for housing assistance in 11 designated counties and more than $4.6 million in other needs assistance such as disaster-related medical expenses or personal property loss.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.