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Quote by: |Chris| No according to CNN they said tax money helped to pay for the rebuilding of the homes. |
I think it happens through GRANTS which FEMA can make from their 20 million dollar reserve.
It may only be applied AFTER the President had declared an area a disaster area.
The GRANTS can also be turned into loans it seems
Got the information from here:
FEMA Mitigation Grant Programs
http://www.fema.gov/fima/mitgrant.shtm
Seems to be a mostly one page read and worth a stop by anyone reading this thread IMO.
Have a good one.