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Economic Development (21 - 30 of 3,036 items) in Custom Date Range
Emergency Management: FEMA Has Made Progress since Hurricanes Katrina and Sandy, but Challenges Remain
GAO-16-90T: Published: Oct 22, 2015. Publicly Released: Oct 22, 2015.
GAO's recent work highlights both the progress and challenges in the Federal Emergency Management Agency's (FEMA) efforts to lead national preparedness efforts, particularly efforts to assess emergency support capabilities and enhance logistics capabilities. Assessing capabilities is critical to ensure that they will be available when needed in emergencies. For example, GAO found in December 2014...
Disaster Contracting: FEMA Needs to Cohesively Manage Its Workforce and Fully Address Post-Katrina Reforms
GAO-15-783: Published: Sep 29, 2015. Publicly Released: Sep 29, 2015.
The Federal Emergency Management Agency (FEMA) has more than tripled the number of contracting officers it employs since Hurricane Katrina in 2005, but it does not have a sufficient process in place to prioritize disaster workload and cohesively manage its workforce. Some of the workforce growth is attributed to the establishment of the Disaster Acquisition Response Team (DART) in 2010, which has...
American Red Cross: Disaster Assistance Would Benefit from Oversight through Regular Federal Evaluation
GAO-15-565: Published: Sep 9, 2015. Publicly Released: Sep 16, 2015.
Key factors affecting the nature and extent of the American Red Cross's (Red Cross) disaster assistance include its standard set of services and the unique needs of affected communities. The Red Cross is involved in three phases of emergency assistance: immediate response, longer-term recovery, and preparedness. For response, it has a standardized set of services and procedures which may be adjust...
Hurricane Sandy: An Investment Strategy Could Help the Federal Government Enhance National Resilience for Future Disasters
GAO-15-515: Published: Jul 30, 2015. Publicly Released: Jul 30, 2015.
During the Hurricane Sandy Recovery, five federal programs—the Federal Emergency Management Agency's (FEMA) Public Assistance (PA), Hazard Mitigation Grant Program (HMGP), the Federal Transit Administration's Public Transportation Emergency Relief Program, the Department of Housing and Urban Development's Community Development Block Grant-Disaster Recovery, and the U.S. Army Corps of Engineers'...
Small Business Administration: Additional Steps Needed to Help Ensure More Timely Disaster Assistance
GAO-15-727T: Published: Jul 8, 2015. Publicly Released: Jul 8, 2015.
Following Hurricane Sandy, the Small Business Administration (SBA) did not meet its timeliness goal (21 days) for processing business loan applications. From receipt to loan decision, SBA averaged 45 days to process physical disaster loans and 38 days for economic injury loans. SBA did not expect early receipt of a high volume of loan applications, and delayed increasing staffing—which in turn i...
Community Development Capital Initiative: Status of the Program Investments and Participants
GAO-15-542: Published: May 5, 2015. Publicly Released: May 5, 2015.
As of March 31, 2015, 64 of the 84 participating banks and credit unions remained in the Community Development Capital Initiative (CDCI), and 80 percent of the Department of the Treasury's (Treasury) $570 million total investment remained outstanding. Treasury's most recent estimated lifetime cost of the program—the present value of all program outflows and inflows—was $100 million, an amount...
Budgeting for Disasters: Approaches to Budgeting for Disasters in Selected States
GAO-15-424: Published: Mar 26, 2015. Publicly Released: Apr 27, 2015.
The 10 selected states in GAO's review—Alaska, California, Florida, Indiana, Missouri, New York, North Dakota, Oklahoma, Vermont, and West Virginia—had established budget mechanisms to ensure the availability of funding for the immediate costs of unforeseen disasters and the ongoing costs of past disasters. All 10 states provided disaster funds at the start of the fiscal year and then as neede...
Denali Commission: Options Exist to Address Management Challenges
GAO-15-72: Published: Mar 25, 2015. Publicly Released: Mar 25, 2015.
The Denali Commission has faced two key challenges in fulfilling its statutory purpose of providing, among other things, infrastructure and economic development services to rural communities; but options exist to address them. First, a 90 percent decrease in Commission funding from its peak in fiscal year 2007 has raised concerns about whether the Commission can sustain its current approach as pri...
Disaster Relief: Agencies Need to Improve Policies and Procedures for Estimating Improper Payments
GAO-15-209: Published: Feb 27, 2015. Publicly Released: Feb 27, 2015.
The five agencies GAO reviewed used a variety of approaches to estimate and report improper payments related to Disaster Relief Appropriations Act, 2013 (DRAA) funding, in accordance with Office of Management and Budget (OMB) guidance. Specifically, these agencies, which received approximately 94 percent of the $50 billion provided by DRAA, used various approaches regarding the following:Estimate...
Flood Insurance: Status of FEMA's Implementation of the Biggert-Waters Act, as Amended
GAO-15-178: Published: Feb 19, 2015. Publicly Released: Feb 19, 2015.
The Federal Emergency Management Agency (FEMA) has established some practices for managing its implementation of required changes under the Biggert-Waters Flood Insurance Reform Act (Biggert-Waters Act), as amended by the Homeowner Flood Insurance Affordability Act (HFIAA). Consistent with related federal internal control standards, FEMA has collaborated with stakeholders on prioritizing legislati...