How Federal Disaster Funding Can Slow Rent Increases
Coloradans often welcome rain storms with the refrain, “We need the moisture.” After the deadly floods in September 2013, many Coloradans sang a different tune.
Over five days, a slow-moving storm covered some areas of the Front Range with up to 20 inches of rain. Overall, the floods killed 10 people, displaced 18,000, and caused more than $4 billion in damage to more than 17,000 structures, of which 1,882 were completely destroyed, according to the Colorado Division of Homeland Security & Emergency Management’s after-action report.