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Nuin-Tara Key

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  1. Milken Institute30 min

    New Directions and Opportunities for Resilient Disaster Recovery | Finance Forum 2025

    Kristen Fanarakis, Lynette Bell, Tom Hoban, Nuin-Tara Key

    The Truist Foundation is leading a strategic shift from reactive disaster relief to proactive resilience by committing $725 million over three years to Western North Carolina following Hurricane Helene. This initiative prioritizes small business recovery by reducing capital access timelines from 60 days to 10 days and advocates for standardized building codes alongside new tax incentives to incentivize structural upgrades. Experts further propose adopting a "risk curve" framework and leveraging regional public-private partnerships to sustain long-term funding for climate adaptation and infrastructure hardening.