Hurricane Harvey victims have a lot of support incoming to them thanks to money collected by two organizations, U.S. Money Reserve and Austin Disaster Relief Network. These two institutions joined hands to raise relief funds for the displaced. Austin Disaster Relief Network, a nonprofit organization formed of hundreds of Austin area churches along with a network of volunteers, opened Hurricane Harvey Relief Fund to collect money for the relief efforts. U.S. Money Reserve agreed to match all the donations coming in up to $100,000. CEO of the company, Angela Koch has stated, “We felt deeply compelled to help our fellow Texans. The hurricane could have easily impacted any of us…”. The precious metals dealer encouraged vendors and partners to contribute. In the month of September alone, both organizations generated a total of $219,622 in donations.
U.S. Money Reserve is one of the world’s largest distributors of U.S. and foreign government issued gold, silver, and platinum legal tender products. The Texas-based company offers their customers a selection of physical precious metal products. U.S. Money Reserve provides the highest level of customer service and education on how investing in precious metals, especially gold and silver coins, can diversify their portfolio.
Austin Disaster Relief Network enlisted thousands of volunteers who have been trained in providing support in the aftermath of a disaster. The primary goal is to get survivors back to clean and safe homes. The organization facilitates recovery through emotional and spiritual counseling. They distribute clothing and other physical necessities to meet the needs of the survivors. The funds donated also help with rebuilding of homes and providing emergency financial support to victims.
The Category 4 hurricane caused major damage when it landed on the coast of Texas on August 25, 2017. During the first 24 hours of the hurricane hitting land, the affected area received two feet of rainfall. In Cedar Bayou, on the outskirts of Houston, 51.88 inches of rain fell making for a record in the United States (http://www.prnewswire.com/news-releases/us-money-reserve-encourages-visitors-to-explore-its-new-website-and-e-commerce-coin-catalogue-300225181.html). On September 1st, during the peak of the storm, one-third of the city of Houston was reported to be underwater. In Harris County, surrounding Houston, 70% of the 1,800 square miles were covered with water. Shelters in the city were filled with almost forty thousand people. Clean up efforts are underway. Hurricane Harvey is estimated to be the costliest natural disaster in U.S. history surpassing the cost of Hurricane Katrina.