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FEMA to Cover 90 Percent of Public-Assistance Cost in Louisiana Flooding

By Graham Ryan & Michael Rhea on September 8, 2016
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President Obama has authorized a cost-share adjustment for Federal funds to cover 90 percent of eligible public assistance costs under the Stafford Act, which provides statutory authority for most Federal disaster response through FEMA. The cost-share adjustment, announced by President Obama in a September 8, 2016 letter to Louisiana Governor Edwards, followed FEMA’s disaster-related obligations surpassing the $621 million threshold. The adjustment amends the prior declaration of August 14, 2016, increasing the Federal cost share from 75 percent to 90 percent, and decreasing the State portion from 25 percent to 10 percent.

Photo of Graham Ryan Graham Ryan

Graham Ryan can be reached at gryan@joneswalker.com or 504.582.8370.

Read more about Graham RyanEmail
Photo of Michael Rhea Michael Rhea

Michael Rhea can be reached at mrhea@joneswalker.com or 225.248.2190.

Read more about Michael RheaEmail
  • Posted in:
    Administrative, Insurance
  • Blog:
    Disaster Prep & Recovery
  • Organization:
    Jones Walker LLP
  • Article: View Original Source

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