Washington, DC (KINY) - The state will receive a $35.9 million dollar grant from the US Department of Housing and Urban Development to help recover from the 2018 earthquake.
The 7.1 magnitude quake and about 8,000 aftershocks impacted Anchorage, the Mat Su Borough, and the Kenai Peninsula Borough
damaging highways, roads, bridges, homes, schools, and businesses.
This is the first time Alaska has received federal funds from the disaster recovery program.
U.S. Senators Lisa Murkowski, Dan Sullivan, and Congressman Don Young released a joint statement on the announcement, “Alaskans are resilient but the reality is, the road to recovery is not a short one,” said the Alaska Congressional Delegation. “This federal assistance will go a long way towards meeting continued needs for long-term recovery. We are thankful for the input of Alaskans who worked to develop thoughtful recovery plans and for HUD for recognizing the importance of coming alongside us to meet these needs—helping Alaskans and our communities recover. From day one, we were assured by the administration that Alaskans would have what they need to deal with and recover from what was a devastating earthquake. We are pleased to see that promise being carried out.”
The CDBG-DR funding supplements other Federal recovery assistance programs administered by the Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA). To date, nearly $130 million in federal assistance has been provided to Alaskans impacted by the Cook Inlet Earthquake through FEMA programs and SBA low-interest disaster loans.