To better serve areas impacted by weather-related disasters, HUD forms new office focused on disaster recovery, with an injection of $3.3 billion in funding to help communities across the country recover and rebuild.
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Establishment of the new Rate Reduction Incentive advances HUD’s Climate Action Plan to create climate resiliency, reduce greenhouse emissions, and pursue environmental justice in housing.
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In a continued commitment to combat the effects of climate change, HUD has allocated $1.447 billion in grants to communities nationwide impacted by natural disasters in 2021.
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