February 4, 2013

Hurricane Sandy's $50 billion relief bill

President Obama signed the fifty billion dollar (yes, that's $50,000,000,000) Hurricane Sandy Relief Bill. The full text of the bill is available here 

The Relief Bill ties distribution of relief funds to commitments from the states to adopt the most up-to-date building codes. 

According to studies by the Multi-Hazard Mitigation Council, for every dollar invested in building code adoption and enforcement, four dollars are saved in recovery costs. 

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