The National Institute of Building Sciences (NIBS) Multihazard Mitigation Council (MMC) wanted to update its landmark 2005 Mitigation Saves Study to cover the period since it was issued to current time period. It also wanted to:
- Analyze the effectiveness of 23 years of all federal mitigation grant and loan spending since only Federal Emergency Management Agency (FEMA) spending was considered in the first study. This included the U.S. Economic Development Administration (EDA) and U.S. Department of Housing and Urban Development (HUD).
- Identify the most cost-effective solution for mitigation natural hazards that include fire, wind, earthquake, and flood.
- Quantify benefits and costs of building beyond required building code requirements.
- Explore these benefits for public and private sector buildings.