Davis and Eberlin (far right) participate in a press conference to announce a bill to create a revolving loan program to help communities invest in disaster mitigation programs.
U.S. Reps. Rodney Davis (R-Ill.) and Angie Craig (D-Minn.) today announced the introduction of the Resilience Revolving Loan Fund Act of 2019 to create a FEMA low-interest loan program for states to fund projects that reduce the risks and costs of natural disasters. They were joined by local mayors, including Mayor Rick Eberlin from Grafton, IL, today at a press conference at the U.S. Capitol announcing the important legislation.
“Helping communities prepare for disasters on the front end should be one of the most basic functions of the federal government,” said Davis. “When we help them invest in disaster mitigation, recovery is faster and we save taxpayer dollars in the long term. You can just look at the positive impact mitigation efforts can have by comparing flood damage along the Illinois side of the Mississippi River where we’ve invested in mitigation compared to the Missouri side where investments have been less. Mayor Rick Eberlin’s work in Grafton, which has had some of the worst flooding they’ve seen in decades, has helped his community manage and recover from severe water levels. Our bipartisan bill gives communities, like Grafton and others, a more flexible tool that will allow them to invest in projects that can minimize the impact of the next disaster.”
“As the impact of climate change gets closer and closer to home, we need to make sure our communities have the resources they need to be resilient in the face of increasing natural disasters,”said Craig. “This bipartisan bill is a direct response to the conversations I have had with local leaders, and I am proud to be able to make the voices of local leaders heard in Washington by championing proactive and affordable investment in disaster-resilient infrastructure.”
"This Resilience Revolving Loan Fund could be a game-changer for us. The longest and largest flood in recorded history has taken a toll on my city. I congratulate Ms. Craig and Mr. Davis for championing the cause of our communities. The RRF will enable us as Mayors to bring new and innovative resilience projects on line," said Mayor Rick Eberlin of Grafton, IL and Illinois Chair for the Mississippi River Cities & Towns Initiative.