Infrastructure Is Local – Financing Resilience Must Be, Too

By Andrea Colnes and Stacy Swann When the costs are tallied, Hurricane Matthew will become the thirteenth extreme weather event of 2016 in the United States to cost more than $1 billion in damages, including four flooding events and nine severe storm events.  The damages here and abroad from Matthew will affect entire communities – their housing, businesses, and major infrastructure, including power plants, roads, water and bridges.  In August, an extreme flooding event brought more than 25 inches of rain in two days to Baton Rouge, Louisiana, damaging more than 100,000 homes and costing the economy more than $10 [...]