Colorado gets $62.8M from Housing and Urban Development (HUD) for flood recovery

LYONS, Colo. - The government says another $62.8 million is coming to Colorado to help the victims of the September flooding.

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan made the announcement on  Thursday saying the money will "help communities recover from severe storms in September that produced devastating floods and mudslides."

The news release said the money would come from HUD’s Community Development Block Grant Program and would go to areas with the greatest extent of "unmet need," primarily in Boulder, Weld and Larimer counties.

However, there are still questions about who will get the money and how it will be spent.

HUD said it will soon publish a notice that will regulate the use of the funds.  The state of Colorado will then finalize disaster "action plans" describing how it intends to spend these funds to support disaster recovery and HUD will quickly review them.

Sen. Mark Udall said the money will help the uninsured. "These HUD funds are especially important for uninsured homeowners, many of whom did not live in a high-risk flood area but saw their home destroyed nonetheless."

Sen. Michael Bennet said the money will help individual homeowners and businesses repair damaged property, and cities and towns reconstructing roads, bridges, and public spaces.

HUD said the state of Colorado could get additional flood recovery funds in 2014.