FR 2021-00745

The document in question pertains to a correction made by the Department of Housing and Urban Development (HUD) to a previously published notice. The original notice, issued on January 6, 2021, misquoted the amount allocated for mitigation activities related to disaster recovery from major disasters that occurred in 2018 and 2019. This correction was published on January 15, 2021, to amend the allocated figure from $185,730,000 to the correct amount of $186,781,000. The clarification ensures accuracy in public records and the proper allocation of funds for essential disaster recovery activities.

Summary

In simple terms, this document serves as a corrective notice to an earlier mistake regarding the allocation of federal funds. HUD made the correction to ensure the precise amount designated for disaster recovery efforts was accurately reflected in public records. The updated figure means that $1,051,000 more will be available for mitigation activities, which are essential in enhancing the resilience of affected areas against future disasters.

Issues and Concerns

The primary concern addressed by this document was the misstatement in federal funding amounts. Such errors, while they may appear minor in terms of dollar value, can have significant implications for budget planning and distribution. Accuracy is crucial in federal financial documents to maintain public trust and ensure transparent governmental operations.

Public Impact

For the general public, especially those in areas affected by the major disasters of 2018, the document underscores HUD's commitment to addressing their long-term recovery needs. The corrected allocation aims to better support projects that enhance the ability of communities to withstand future disasters.

Impact on Stakeholders

Local Governments and Communities: The corrected funding amount allows local governments and communities, particularly those in high-impact disaster zones, to plan and execute more comprehensive mitigation projects. This could lead to improved infrastructure and higher resilience, potentially lowering the risks of damage from future events.

Contractors and Service Providers: For businesses and organizations involved in the implementation of these mitigation projects, accurate funding information is critical. The correction ensures that these stakeholders can align their resources and expectations to the true scope of available financing.

Regulatory Bodies and Oversight Agencies: Accurate financial records are essential for regulatory bodies conducting audits or program evaluations. This correction helps uphold standards of accountability and transparency within HUD, thereby facilitating more effective oversight.

Overall, while the correction in itself presents a minor adjustment, it nevertheless plays an essential role in ensuring that disaster recovery initiatives are effectively funded and executed. This adjustment upholds the integrity of public records and reinforces the government's commitment to supporting disaster-stricken communities.

The document provides a correction to a previous notice published by the Department of Housing and Urban Development (HUD) regarding financial allocations for disaster recovery and mitigation efforts. The focus is on correcting an erroneous figure initially reported.

Correction of Financial Figures

The core financial correction made in this document pertains to an allocation intended for mitigation activities. Initially, a notice published on January 6, 2021, inaccurately stated that $185,730,000 would be allocated for these activities. The document at hand corrects this figure, specifying that the actual amount to be allocated is $186,781,000. This is a slight increase from the originally reported amount, ensuring the accuracy of financial reporting in public notices.

Context of Financial Allocation

This financial allocation for mitigation is part of a broader initiative under the Community Development Block Grant disaster recovery (CDBG-DR) funds. These funds were appropriated by the Additional Supplemental Appropriations for Disaster Relief Act of 2019. A total of $85,291,000 in CDBG-DR funds was allocated for long-term disaster recovery efforts from major disasters occurring in 2018 and 2019. The corrected allocation is specifically intended for mitigation activities within the most impacted and distressed areas affected by major 2018 disasters.

Implication of Financial Correctness

The correction underscores the importance of precise financial communication in public records, as even minor discrepancies can significantly impact the funding of important recovery and mitigation activities. Ensuring the correct amount of $186,781,000 can influence how effectively these areas can recover and prepare for future adverse events by accurately channeling the intended resources.

In summary, this document rectifies a financial detail to ensure that the mitigation activities are funded with the correct amount, thus supporting HUD's ongoing efforts to assist communities in recovering from past disasters and strengthening their resilience against future challenges.