Each year Congress sets aside funds within the Capital Fund appropriation to create a reserve for emergencies and natural disasters. Public Housing Agencies (PHAs) that confront an emergency situation or a natural disaster are eligible to apply for and receive funds from the reserve provided that they comply with certain requirements (example: funds provided because of a disaster are only available to the extent that needed repairs are in excess of reimbursement from insurance and other sources, such as the Federal Emergency Management Agency (FEMA)). All final applications for emergency or natural disaster funding from the reserve require an independent cost estimate. More detailed information is available by selecting the links below: