Financing and Implementing Mitigation Strategies
One of the challenges local and state governments face in implanting mitigation strategies is finding a way to pay for them. It is one thing to identify the risk of potential structural failures, but quite another to actually mitigate that risk. In this assignment, you adopt the perspective of the emergency manager in your community (choose a relatively small community, not a large metropolitan city such as Washington D.C. or New York City where the mitigation issues are very large scale in nature). If you live in one of these cities, please contact the Instructor about an appropriate community to use in lieu of either of these two cities. Research emergency mitigation strategies that have been or might be deployed in your community. Then think about the funding sources related to emergency mitigation strategies in your community. Finally, consider challenges related to funding for emergency mitigation strategies. The assignment this week is also part of your Final Project. Refer to the Week 1 Project area for details on the type of community to select. The assignment: (57 pages) Briefly describe the community in which you live. Identify and describe emergency mitigation strategies have been or might be deployed in the selected community. Describe two potential funding sources related to emergency mitigation strategies for the selected locale. For each potential funding source, describe (1) the key participants and stakeholders and (2) the goals and objectives of the mitigation strategies as they relate to finance and budgeting. Explain why the selected funding sources are the most appropriate for the mitigation efforts identified. Identify and explain at least two key challenges to accessing funding for emergency mitigation strategies at least two challenges to accessing funding for emergency mitigation strategies in the locale. Provide at least one strategy to address each challenge.