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Economic Development (1 - 10 of 13 items) in Past Year
Federal Disaster Assistance: FEMA's Progress in Aiding Individuals with Disabilities Could Be Further Enhanced
GAO-17-200: Published: Feb 7, 2017. Publicly Released: Feb 7, 2017.
The Federal Emergency Management Agency (FEMA) has taken steps to improve its disaster services for people with disabilities and its support to other entities, such as state and local governments. FEMA established the Office of Disability Integration and Coordination (ODIC) following enactment of the Post-Katrina Emergency Management Reform Act of 2006 (Post-Katrina Act) to lead the agency's effor...
DOT Discretionary Grants: Problems with Hurricane Sandy Transit Grant Selection Process Highlight the Need for Additional Accountability
GAO-17-20: Published: Dec 14, 2016. Publicly Released: Jan 13, 2017.
The Federal Transit Administration (FTA) evaluated and selected Hurricane Sandy transit resilience projects for award based on a multi-step process, but did not take sufficient steps to ensure the process was consistent or appropriately documented. First, four technical review teams with expertise in infrastructure projects, program management, and hazard mitigation evaluated and rated projects. F...
Flood Insurance: FEMA Needs to Address Data Quality and Consider Company Characteristics When Revising Its Compensation Methodology
GAO-17-36: Published: Dec 8, 2016. Publicly Released: Jan 9, 2017.
The Federal Emergency Management Agency (FEMA) has yet to revise its compensation practices for Write-Your-Own (WYO) companies to reflect actual expenses as required by the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act), and as GAO recommended in 2009. FEMA continues to rely on insurance industry expense information for other lines of property insurance to set compensation...
Federal Disaster Assistance: Federal Departments and Agencies Obligated at Least $277.6 Billion during Fiscal Years 2005 through 2014
GAO-16-797: Published: Sep 22, 2016. Publicly Released: Sep 22, 2016.
During fiscal years 2005 through 2014, the federal government obligated at least $277.6 billion across 17 federal departments and agencies for disaster assistance programs and activities. This estimate constitutes total obligations identifiable to disaster activities across three categories: the Federal Emergency Management Agency's (FEMA) Disaster Relief Fund (DRF), disaster-specific programs and...
HUBZone Program: Opportunities Exist to Further Improve Oversight
GAO-16-866T: Published: Sep 7, 2016. Publicly Released: Sep 7, 2016.
As of August 2016, the Small Business Administration (SBA) had taken steps to better inform firms about changes in the designations of Historically Underutilized Business Zones (HUBZones) but had not yet fully implemented GAO's February 2015 recommendation to improve this process.SBA primarily designates economically distressed areas as HUBZones, based on demographic data such as unemployment and...
Community Development Block Grants: Sources of Data on Community Income Are Limited
GAO-16-734: Published: Sep 6, 2016. Publicly Released: Sep 6, 2016.
The Department of Housing and Urban Development's (HUD) and states' primary method for communities to demonstrate eligibility when they disagree with HUD's eligibility determination is to allow communities to conduct their own local income surveys to show that they meet the Community Development Block Grant (CDBG) income threshold. HUD instructs small communities, known as nonentitlement communiti...
Flood Insurance: Review of FEMA Study and Report on Community-Based Options
GAO-16-766: Published: Aug 24, 2016. Publicly Released: Aug 24, 2016.
The Federal Emergency Management Agency (FEMA) used reasonable objectives and methodology for its study on community-based flood insurance (CBFI)—flood insurance that a community would purchase to cover all properties located within it. FEMA contracted with the National Academy of Sciences (NAS) to conduct the study, and worked with NAS to design a study that would provide a high-level, independ...
Flood Insurance: Potential Barriers Cited to Increased Use of Private Insurance
GAO-16-611: Published: Jul 14, 2016. Publicly Released: Jul 14, 2016.
Lenders and their regulators have taken some action to implement provisions on private flood insurance in the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act). Specifically, lenders told GAO they send notifications to borrowers that encourage borrowers to compare private and National Flood Insurance Program (NFIP) policies. Lenders with whom GAO spoke accepted private policie...
Railroad Financing: Stakeholders' Views on Recent Changes to the Railroad Rehabilitation and Improvement Financing Program
GAO-16-714R: Published: Jul 13, 2016. Publicly Released: Jul 13, 2016.
The Fixing America’s Surface Transportation (FAST) Act, which was enacted in December 2015, made a number of significant changes to the Railroad Rehabilitation and Improvement Financing (RRIF) program, but the Department of Transportation (DOT) and the modal administration that is responsible for the program, the Federal Railroad Administration (FRA), are still in the early stages of implementin...
Disaster Recovery: FEMA Needs to Assess Its Effectiveness in Implementing the National Disaster Recovery Framework
GAO-16-476: Published: May 26, 2016. Publicly Released: May 26, 2016.
The Department of Homeland Security's (DHS) Federal Emergency Management Agency (FEMA) is responsible for implementing the National Disaster Recovery Framework (NDRF) and working in partnership with states as they play a lead role in the recovery process. As shown in the figure below, FEMA coordinates federal recovery stakeholders using six Recovery Support Functions—structures through which fed...