FEMAäó»s Community Disaster Loan Program: History, Analysis, and Issues for Congress

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By Jared T. Brown (au)
Year: 2012
Pages: 47
Binding Paperback
ISBN 978-1-4578-3272-7

Product Code: 1457832720

Description

The core purpose of the Community Disaster Loan (CDL) program is to provide financial assistance to local governments that are having difficulty providing government services because of a loss in tax or other revenue following a disaster. The program assists local governments by offering federal loans to compensate for this temporary or permanent loss in local revenue. The CDL program is managed by the Federal Emergency Management Agency (FEMA). Contents of this report: Overview; History of Use, Regulations, and Funding; Traditional Community Disaster Loans; Special Community Disaster Loans for Hurricanes Katrina and the 2005 Hurricane Season; Comparing TCDL and SCDL Cancellation Rates; 2008 Community Disaster Loans; Issues for Congress; Consideratons for Eliminating the CDL Program. Tables. This is a print on demand report.

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