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The Reforming Disaster Recovery Act establishes a Long-Term Disaster Recovery Fund within the Treasury and creates a new Community Development Block Grant (CDBG) disaster recovery program administered by the Department of Housing and Urban Development. The bill authorizes HUD to provide grants from the fund to states, local governments, and Indian tribes for housing and community development assistance in areas affected by major disasters, with a focus on serving low- and moderate-income households. The bill also establishes an Office of Disaster Management and Resiliency within HUD to coordinate disaster preparedness, response, recovery, and resilience activities across federal agencies.
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