North Carolina Department of Agriculture and Consumer Services’ Post

https://lnkd.in/gaHwrSH9 Summary of what's included: -Overall Cost for the State of NC: -Landslide Information and Maps: -Missing Persons Information: -Railroad: -Roads & Bridges: -Agriculture & Aquaculture: -Utilities Estimates: -Additional Information: OVERALL ESTIMATED COST: Here's the letter from Gov Roy cooper to the office of state budget and management: "Preliminary estimates of damage and needs approach $53.6 billion across the state, including $41.1 billion of direct damages, $7.6 billion of indirect or induced damages, and $4.8 billion of potential investments for strengthening and mitigation. Five categories drive more than 90% of estimated direct and indirect damage: Economy, Housing, Utilities and Natural Resources, Transportation, and Agriculture. The preliminary need for housing assistance and recovery is estimated to be $14.8 billion. The total estimate includes $12.2 billion due to residential structure damage but will change as FEMA conducts further on-the-ground assessments. An estimated 220,000 households will apply for individual assistance. Approximately 126,000 homes are expected to be damaged. Single-family homes, manufactured homes, and duplexes account for the majority of affected residential structures. Displaced residents will need transitional and short-term housing, personal property replacement, and other assistance. Public buildings, such as public housing authorities and other government programs related to housing, may have also suffered damages greater than local capacity can quickly cover. The direct damage and needs include: -$12.2 billion in residential damages; -$3 million in transitional sheltering; -$101 million in public assistance; -$600 million in other assistance for households; -$1.8 billion in resilience efforts during recovery. " https://lnkd.in/gtEzQDZS

"Flooding is the most common and most costly natural hazard, and yet communities and individuals often fail to protect themselves from its physical and financial impacts." https://lnkd.in/ept2hCy9 Daniel Kaniewski's testimony before the #US Senate Committee on Banking, Housing, and Urban Affairs, sheds light on the gaps in #insurance coverage and #resilience measures, highlighting the need for NFIP reforms, growing the private flood market, and embracing innovative solutions. Watch the committee hearing to learn more.

FEMA Announcement for Florida Residents Milton was a huge storm and you, or someone you know, may need FEMA assistance. See below... If you've lost food in Florida due to a disaster, you may be eligible for financial assistance from FEMA: >> $1,200 in financial aid If you've been without power for at least 24 hours, you may be eligible for $1,200 in financial aid.  >> $750 in food allowance If you've lost all food due to prolonged power outages, you may be eligible for an additional $750 in food allowance. To be eligible, you must use the phrase "I HAVE A SERIOUS FOOD NEED" when applying. Temporary hotel accommodations FEMA may also offer temporary hotel accommodations for displaced residents. You can also apply for the Supplemental Nutrition Assistance Program (SNAP) to receive benefits to buy groceries. To be eligible for SNAP, your household's income and resources must meet certain requirements, including: Gross monthly income at or below 130% of the poverty line Net income at or below the poverty line Assets below certain limits You can apply for SNAP by submitting an application to the Florida Department of Children and Families. You can also use the SNAP Calculator for screening purposes, but you should still apply for SNAP to get an accurate eligibility determination. 

Fortunately, there is enough FEMA relief funding for immediate relief, but what about the future and will it be sustainable? Despite changing weather patterns, population migration to climate-risk regions is still trending. Yet local governments often do not adequately restrict development in vulnerable areas. Congress is under constant pressure to increase FEMA’s funding, but the cost of reactive emergency relief is burgeoning. This cycle is unsustainable unless Congress and FEMA expand programs that shift funding to pre-disaster programs for communities that enact protective land-use plans, such as, zoning that restricts development in vulnerable areas. The below article link discusses existing legislation and programs that could be expanded. #FEMA #disasterpreparedness #BRIC

When life throws the unexpected your way—like fires or floods—finding stability can feel overwhelming. That’s why understanding Additional Living Expenses (ALE) is a game-changer! 💡 From temporary housing to pet boarding, learn how ALE coverage provides critical support to homeowners and renters during tough times. Plus, discover how specialists like Accomsure - ALE Management Solutions make the claims process faster, easier, and more cost-effective. 🔗 Click the link below to read the full blog and take control of your ALE coverage today! ⬇️ https://lnkd.in/egKRFyS7 #ALE #HomeRestoration #InsuranceClaims #TemporaryHousing #PropertyRestoration #AdditionalLivingExpenses #Accomsure #PremiumRestoration #EMRGCanada

FEMA Announcement If you've lost food in Florida due to a disaster, you may be eligible for financial assistance from FEMA: $1,200 in financial aid If you've been without power for at least 24 hours, you may be eligible for $1,200 in financial aid. You can apply for this assistance at www.DisasterAssistance.gov or by calling 1-800-621-3362.  $750 in food allowance If you've lost all food due to prolonged power outages, you may be eligible for an additional $750 in food allowance. To be eligible, you must use the phrase "I HAVE A SERIOUS FOOD NEED" when applying. Temporary hotel accommodations FEMA may also offer temporary hotel accommodations for displaced residents. You can also apply for the Supplemental Nutrition Assistance Program (SNAP) to receive benefits to buy groceries. To be eligible for SNAP, your household's income and resources must meet certain requirements, including: Gross monthly income at or below 130% of the poverty line Net income at or below the poverty line Assets below certain limits You can apply for SNAP by submitting an application to the Florida Department of Children and Families. You can also use the SNAP Calculator for screening purposes, but you should still apply for SNAP to get an accurate eligibility determination. 

A bitter topic of discussion involving housing withing flood zones. Going from some who knew they were buying within a flood zone and didn't realize what that meant, to some not realizing it due to one reason or another, to someone not having a choice because they fall under the umbrella of vulnerable populations, or even the terrain/climate changing and now they're in a flood zone. It doesn't matter how they landed living in a flood zone, it's important to get them out of those areas and to a safer and more secure foundation. This is a controversial topic because many don't want to leave their homes, many cannot afford to leave or a large number of other reasons. The CDBG-DR grant funds along with others help mitigate future disasters, such as flooded homes within known flood zones. I can only hope they establish enforcement at the top on preventing developers from building communities within known hazard zones and continue to get the families out of zones that are identified as flood zones that want to leave. https://lnkd.in/evX6M7gf

Back at it. Parcl Labs teamed up again with The Wall Street Journal and Deborah Acosta for an exclusive follow-up analysis on Florida's housing market: "The Great Florida Migration Is Coming Undone". This latest piece was the top trending story across WSJ yesterday. It features more markets, more data, and a deeper look into how major FL real estate players are reacting. Here's what we found: Florida's housing market remains a tale of supply and demand divergence. Our data, visualized by WSJ, shows: 📈 YoY supply (for-sale inventory) surging in top FL markets 📉 YoY demand (sales) declining We've been flagging this imbalance since Spring. Supply-demand gaps + motivated sellers = higher price correction risk. We track motivated sellers directly via price cuts. Tampa's standing out: about half the homes listed there saw price reductions by Sept. 9 - that's the third-highest share across major U.S. metros. The trends above were originally surfaced in our national supply-demand analysis. The net new for this WSJ piece is how the savviest housing market operators - institutional investors - are responding. In Tampa, Orlando & Jacksonville: 👀 1 in 20 listings from institutional portfolios 👀 They own 2-4% of single-family homes 👀 Net sellers the past 90 days As we've noted before - we closely monitor these players because they have the most sophisticated capabilities at their fingertips. When they make moves, it matters and it's a real signal on their perspective on the housing market. What's next for FL markets? We will be watching closely - particularly around how the increased supply and price cutting impacts home prices. Check out the full article by Deborah Acosta below for nuanced reporting on the context and drivers behind these market trends 👇 P.S. All this data and analysis is built directly from our API and is fully open source. We don’t have a PR team, and we don’t gate keep our insights. I included links to get started with our API in the comments below. If you have any questions on the API / our data - email me at jason@parcllabs.com and I will personally get you set up.

https://lnkd.in/eV2gquEa We understand that disasters affect everyone differently. Whether you’re a homeowner dealing with the emotional impact of a flood or a business owner facing the financial strain of fire damage, we’re here to help you get back on your feet. #DisasterRecoveryRestoration #DRR #GoDRR #Homeowners #BusinessOwners #Arizona

https://lnkd.in/eGbUhVFj We understand that disasters affect everyone differently. Whether you’re a homeowner dealing with the emotional impact of a flood or a business owner facing the financial strain of fire damage, we’re here to help you get back on your feet. #DisasterRecoveryRestoration #DRR #GoDRR #Homeowners #BusinessOwners #Arizona