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Each year Congress sets aside funds within the Capital Fund appropriation
to create a reserve for emergencies and natural disasters. Public
Housing Agencies (PHAs) that confront an emergency situation or
a natural disaster are eligible to apply for and receive funds from
the reserve provided that they comply with certain requirements
(example: funds provided because of a disaster are only available
to the extent that needed repairs are in excess of reimbursement
from insurance and other sources, such as the Federal Emergency
Management Agency (FEMA)). All final applications for emergency
or natural disaster funding from the reserve require an independent
cost estimate. More detailed information is available by selecting
the links below:
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