Disaster Preparation and Relief
- Report
Federal Spending for Flood Adaptations
CBO provides information about the amount of damage that could be reduced through spending for flood adaptations—projects aimed at preventing damage from flooding.
- Presentation
CBO’s Recent Analyses of Climate Change, Flood Damage, and Mortgages
Presentation by Evan Herrnstadt, an analyst in CBO’s Microeconomic Studies Division, at a First Street Webinar.
- Report
Climate Change, Disaster Risk, and Homeowner’s Insurance
CBO analyzes recent changes in property insurance markets and considers alternative insurance products as well as policy approaches to increase the availability and affordability of insurance for homeowners and renters.
- Report
Flood Insurance in Communities at Risk of Flooding
CBO examines how the share of properties at risk of flooding that are covered by policies purchased through the National Flood Insurance Program varies across communities with different economic and demographic characteristics.
- Working Paper
The Effects of Flood Damage on the Subsidy Cost of Federally Backed Mortgages: Working Paper 2024-04
CBO uses data on mortgages and expected flood damage for each residential property in the United States to examine how much flood damage is expected to increase the cost of federally backed mortgages.
- Working Paper
Flood Damage Avoided by Potential Spending on Property-Level Adaptations: Working Paper 2024-03
This working paper provides estimates of the flood damage avoided from property buyouts and elevations and analyzes how the effects of adaptation spending could vary across regions, by area income, and for different subsets of projects.
- Report
Flood Damage and Federally Backed Mortgages in a Changing Climate
CBO estimates the flood damage homes with federally backed mortgages are expected to face in multiyear periods centered on 2020 and 2050, reflecting the effects of climate change. The agency also analyzes where that damage is concentrated.
- Presentation
Contingent Financial Liabilities of the Federal Government
Presentation by Sebastien Gay, CBO’s Director of Financial Analysis, to the MIT Golub Center for Finance and Policy’s 10th annual conference.
- Report
Financial Commitments of Federal Credit and Insurance Programs, 2012 to 2021
CBO describes the commitments the federal government has made through its credit and insurance programs, including housing, real estate, and student loan programs, deposit insurance, insurance for private pensions, and flood and crop insurance.
- Report
How CBO Analyzes Public-Private Risk Sharing in Insurance Markets
CBO outlines how it analyzes public-private risk sharing in the federal terrorism insurance, crop insurance, and flood insurance programs. The agency also describes how that risk sharing affects the federal budget.