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Biden OKs disaster funds for Florida amid Hurricane Ian

Friday, September 30, 2022
Biden OKs disaster funds for Florida amid Hurricane Ian © Reuters. FILE PHOTO: Gusts from Hurricane Ian begin to knock down small trees and palm fronds in a hotel parking lot in Sarasota, Florida, U.S. September 28, 2022. REUTERS/Steve Nesius

WASHINGTON (Reuters) - U.S. President Joe Biden approved federal disaster funds for nine Florida counties in the wake of Hurricane Ian, the White House said on Thursday, adding that more areas could be approved later as officials evaluate the damage following the storm.

"Damage assessments are continuing in other areas, and additional areas may be designated for assistance after the assessments are fully completed," the White House said in a statement ahead of Biden's visit to FEMA headquarters later on Thursday for an updated briefing on the storm.

The move allows access to federal grants to help affected residents and businessowners secure temporary housing, repair homes, get low-cost loans for uninsured property losses and otherwise recover, it said.

It also allows local governments and other groups to share the costs of debris removal, according to the White House.

The funds were designated for the counties of Charlotte, Collier, DeSoto, Hardee, Hillsborough, Lee, Manatee, Pinellas and Sarasota.

Biden is scheduled to visit the Federal Emergency Management Agency (FEMA) headquarters in Washington at noon (1700 GMT).

FEMA's chief on Thursday said damage from the Category 4 storm was "catastrophic."

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01-05-2024 10:45:17 (UTC+7)

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 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
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 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
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 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
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 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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