SBA: Over $139 Million in Disaster Assistance Loans Provided to Maui Wildfires
Today, U.S. Small Business Administrator Isabella Casillas Guzman announced that the SBA has approved more than $139 million in federal disaster loans for Hawaii businesses, nonprofits, and residents impacted by Maui wildfires. Since the fires began, the SBA has approved $40,620,400 for businesses and $ 98,615,000 for residents to help rebuild and recover from the disaster. “The SBA,…
FEMA: Six Additional Georgia Counties Eligible for Assistance in Response to Hurricane Idalia
Homeowners and renters in Berrien and Brooks counties are now eligible for FEMA assistance to help them recover from Hurricane Idalia. These counties join Cook, Glynn, and Lowndes counties, which were previously approved for Individual Assistance. Assistance for eligible survivors can include grants for temporary housing and home repairs, and for other serious disaster-related needs,…
FEMA: President Biden Approves Major Disaster Declaration for the La Jolla Band of Luiseño Indians
FEMA announced that federal disaster assistance has been made available for the La Jolla Band of Luiseño Indians to supplement the tribal recovery efforts in the areas affected by Tropical Storm Hilary that occurred from Aug. 19-21, 2023. On Sept. 27, the President authorized federal funding to be made available to the La Jolla Band of…
CDFI Fund: $300 Million Bond Financing Guarantees Issued for Projects in Low-Income and Distressed Communities
U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury has agreed to issue three guarantees totaling $300 million under the Community Development Financial Institution (CDFI) Bond Guarantee Program. The guarantees will be issued on behalf of three Eligible CDFIs under the fiscal year (FY) 2023 round of the…
FEMA: President Biden Approves Major Disaster Declaration for Tennessee
FEMA announced that federal disaster assistance has been made available to the state of Tennessee to supplement recovery efforts in the areas affected by severe storms, straight-line winds and tornado on Aug. 7, 2023. The President’s action makes public assistance federal funding available to affected state and eligible local governments and certain private nonprofit organizations…
EDA: $2.1 Million Invested to Support Workforce Development and Job Creation in Storm-Impacted Communities in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $2.1 million in grants to support workforce development and job creation in North Carolina communities impacted by Tropical Storm Fred in 2021. The EDA investments announced today are: “President Biden is committed to providing communities in North Carolina and…
FEMA: Memorandum of Agreement Signed with NAACP to Strengthen Partnership Before, During and After Disasters
Today, FEMA announced that Administrator Deanne Criswell and NAACP President Derrick Johnson signed an agreement outlining ways in which the two organizations will work together to help people before, during and after disasters. The agreement continues the organizations’ longstanding formal partnership beginning in 2013, when the first agreement was signed. The NAACP provides community-based support related to…
FEMA: President Biden Approves Major Disaster Declaration for Missouri
FEMA announced that federal disaster assistance has been made available to the state of Missouri to supplement state, tribal and local recovery efforts in the areas affected by the severe storms, straight-line winds, tornadoes and flooding from July 29 – Aug. 14, 2023. Public Assistance federal funding is available to the state, tribal and eligible…
HUD: 29 Waivers Rolled Out to Accelerate Hurricane Idalia Recovery Efforts in Florida
Secretary Fudge affirms HUD’s commitment to support post-disaster resilience with unprecedented aid from the Biden-Harris Administration The U.S. Department of Housing and Urban Development (HUD) announced today a package of 29 regulatory and administrative waivers aimed at helping communities in Florida accelerate their recovery from Hurricane Idalia. Today’s announcement of regulatory and administrative waivers issued by the…
Agencies Extend Favorable CRA Consideration for Revitalization Activities in Puerto Rico and U.S. Virgin islands Affected by Hurricane Maria
The federal bank regulatory agencies today announced they are extending the period for giving favorable consideration under their Community Reinvestment Act (CRA) regulations to institutions located outside of Puerto Rico and the U.S. Virgin Islands, for bank activities that continue to help revitalize or stabilize these areas devastated by Hurricane Maria. The agencies have determined…