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October 15, 2015 Property and Casualty News
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FEMA Sets Maximum Federal Aid For Major Disasters

Targeted News Service

Targeted News Service

WASHINGTON, Oct. 15 -- The Department of Homeland Security published the following notice in the Federal Register from the Federal Emergency Management Agency:

Notice of Maximum Amount of Assistance Under the Individuals and Households Program

A Notice by the Federal Emergency Management Agency on 10/15/2015

Publication Date: Thursday, October 15, 2015

Agencies:

Federal Emergency Management Agency

Department of Homeland Security

Entry Type: Notice

Action: Notice.

Document Citation: 80 FR 62086

Page: 62086 (1 page)

Agency/Docket Number: Docket ID FEMA-2015-0002

Document Number: 2015-26123

Shorter URL: https://federalregister.gov/a/2015-26123

Action

Notice.

Summary

FEMA gives notice of the maximum amount for assistance under the Individuals and Households Program for emergencies and major disasters declared on or after October 1, 2015.

DATES:

Effective Date: October 1, 2015, and applies to emergencies and major disasters declared on or after October 1, 2015.

FOR FURTHER INFORMATION CONTACT:

Christopher B. Smith, Recovery Directorate, Federal Emergency Management Agency, 500 C Street SW., Washington, DC 20472, (202) 212-1000.

SUPPLEMENTARY INFORMATION:

Section 408 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (the Stafford Act), 42 U.S.C. 5174, prescribes that FEMA must annually adjust the maximum amount for assistance provided under the Individuals and Households Program (IHP). FEMA gives notice that the maximum amount of IHP financial assistance provided to an individual or household under section 408 of the Stafford Act with respect to any single emergency or major disaster is $33,000. The increase in award amount as stated above is for any single emergency or major disaster declared on or after October 1, 2015. In addition, in accordance with 44 CFR 61.17(c), this adjustment includes the maximum amount of available coverage under any Group Flood Insurance Policy (GFIP) issued.

FEMA bases the adjustment on an increase in the Consumer Price Index for All Urban Consumers of 0.2 percent for the 12-month period, which ended in August 2015. The Bureau of Labor Statistics of the U.S. Department of Labor released the information on September 16, 2015.

Catalog of Federal Domestic Assistance No. 97.048, Federal Disaster Assistance to Individuals and Households in Presidentially Declared Disaster Areas; 97.049, Presidentially Declared Disaster Assistance--Disaster Housing Operations for Individuals and Households; 97.050, Presidentially Declared Disaster Assistance to Individuals and Households--Other Needs.

W. Craig Fugate,

Administrator, Federal Emergency Management Agency.

[FR Doc. 2015-26123 Filed 10-14-15; 8:45 am]

BILLING CODE 9111-23-P

[*Federal RegisterBF 2015-10-15]

Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; [email protected]; http://www.targetednews.com

-1230863

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