Honolulu long overdue for Major Disaster and FEMA is going broke. Honolulu lied about the project not being in a future major disaster zone in order to collect the $1.5 Billion from FTA.

An audit by the Department of Homeland Security said that without better controls, NFIP funds “may be at risk for fraud, waste, abuse, or mismanagement.” The GAO  has labeled the program “high risk”
http://www.pbs.org/wgbh/frontline/film/business-of-disaste

HART Rail Building A Disaster: Can FEMA’s Flood Insurance Program Afford Another Disaster?
http://www.pbs.org/wgbh/frontline/article/can-femas-flood-insurance-program-afford-another-disaster/

90% of all disasters in this country involve flooding. Government Accountability Office