President Biden Increases Federal Cost Share for North Carolina

Washington -- December 6, 2024: FEMA Press Release: FEMA Administrator Deanne Criswell announced that President

Joseph R. Biden, Jr. made additional disaster assistance available to the state of North Carolina to supplement recovery efforts in the areas affected by Tropical Storm Helene from Sept. 25, and continuing.

The major disaster declaration approved by President Biden on Sept. 29, 2024 made federal funding available for Public Assistance, Hazard Mitigation, and other needs assistance, with a federal cost-share of 75%. An amendment approved on Oct. 2, 2024 increases that federal cost share to 100% for the first 180 days of the incident period.

The President’s latest action authorizes the federal cost-share to be increased from 75% to 90% for Public Assistance projects after the first 180 days.

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