Follow Chris Linkedin Twitter Facebook
Email Chris Email
Economic Development
Oct 19, 2018

Resiliency is Key to Economic Recovery After Florence

Sponsored Content provided by Chris Coudriet - County Manager, New Hanover County Government

New Hanover County experienced significant impacts from Hurricane Florence. The preliminary damage assessment across the county is more than $450 million in real and personal property losses.

And that is just one gauge of the storm’s impact on our economy. We cannot quantitatively capture the value in lost economic activity as a result of the storm but suffice it to say, we can reasonably imagine it is in the tens of millions of dollars. 

The hurricane disrupted our homes, our businesses and our labor market. It impacted our infrastructure and other business capital, and our entire population was affected.

Recovery from Hurricane Florence has begun, but it will take coordinated planning and state and federal resources to help build a stronger and more resilient Cape Fear region.

The need for resources in our community has grown and will continue to grow. In recognition of where we are and where we need to be, and to ensure that our community has an effective, long-term and resilient recovery, New Hanover County has created a Hurricane Florence Recovery Coordination Office. The office will manage our contract support, help set priorities for the county, and effectively manage the supplemental resources that come our way. 

The recovery coordination office will serve New Hanover County and our units of local government, non-profits and other organizations by providing coordination of data, policy development and priority-setting for the use of state and federal recovery funding. The office will also be the communication conduit between state and federal agencies, the county and local agencies.

Recovery planning is a top priority for New Hanover County, and projects post-Florence will continue to advance the county’s strategic priorities. We will advance policy decisions that support business recovery and growth. We will encourage more private investment in a way that reduces risk but increases our community’s economic advantage. We will focus on developing a resilient talent base that can support the private sector’s need to fill higher-wage jobs. And we will use informed data to develop and use land in a way that reduces potential infrastructure loss from future disasters.

We have already seen movement by our state and federal legislators to provide critical funding to assist with effective recovery – both in the short- and long-term. The county will help develop policies and priorities, so this funding can help us prepare for – and mitigates the impacts of – future storms.

We have learned a lot already from Hurricane Florence, and we are now in a position to harness those lessons to make resiliency a part of everything we do. As a coastal community, we will always be vulnerable to this type of disaster.

But we have the opportunity now to benefit from the hard lessons we have learned. We have the opportunity now to build back – in smarter and stronger ways – so that we can recover from the impacts of future storms even more efficiently.

Hurricane Florence can, and should, leave our community, our county and the entire state more resilient. So, as we rebuild and recover, New Hanover County will be proactive and use this storm to move our community forward, advance job creation, and grow our economy – in real and responsible ways.

New Hanover County is committed to progressive public policy, superior service, courteous contact, judicious exercise of authority, and sound fiscal management to meet the needs and concerns of our citizens today and tomorrow. See more at http://www.nhcgov.com.

Other Posts from Chris Coudriet

Nhcseal wilmingtonbiz
Ico insights

INSIGHTS

SPONSORS' CONTENT
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®
Chris 16239425

‘Creative,’ An Adjective To Describe Your Accountant?!

Chris Capone - Capone & Associates

Trending News

Intracoastal Angler To Grow With Two New Hampstead Stores

Emma Dill - Apr 30, 2024

Coyne Returns To Law Firm's Wilmington Office

Staff Reports - Apr 30, 2024

Wilmington-based Fishing App Wins NC IDEA Grant

Audrey Elsberry - Apr 30, 2024

Apartment Plans Move Ahead On Wooster Street

Emma Dill - Apr 29, 2024

Design-build Firm Welcomes Falvey As Director

Staff Reports - Apr 30, 2024

In The Current Issue

MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season