Disaster Area

FEMA: President Trump Approves Major Disaster Declaration for Massachusetts

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the Commonwealth of Massachusetts to supplement state and local recovery efforts in the areas affected by severe winter storms and snowstorm from March 13 to March 14, 2018. Federal funding is also available to the Commonwealth, local governments,…

FEMA: President Trump Approves Major Disaster Declaration for West Virginia

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of West Virginia to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from May 28 to June 3, 2018. Federal funding is available to the state and…

HUD: $243 Million Disaster Recovery Plan Approved for U.S. Virgin Islands

Funding will target housing, infrastructure and economic development U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and Maria. In November, HUD allocated $243 million to the U.S. Virgin Islands to…

FEMA: President Trump Approves Major Disaster Declaration for Texas

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by severe storms and flooding beginning June 19, 2018 and continuing. The President’s action makes federal funding available to affected individuals in Cameron…

FDIC: Regulatory Relief Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Hawaii

Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Hawaii affected by severe storms, flooding, landslides and mudslides. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Severe…

FEMA: President Trump Approves Major Disaster Declaration for Maryland

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Maryland to supplement state and local recovery efforts in the areas affected by severe storms and flooding from May 27 to May 28, 2018. Federal funding is available to the state and eligible local governments…

FEMA: President Trump Approves Major Disaster Declaration for Nebraska

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Nebraska to supplement state and local recovery efforts in the areas affected by a severe winter storm and straight-line winds from April 13 – 18, 2018. Federal funding is also available to the state and…

FEMA: President Trump Amenda American Samoa Disaster Declaration

The Federal Emergency Management Agency (FEMA) announced yesterday that additional disaster assistance is available to the territory of American Samoa by authorizing an increase in the level of federal funding available as a result of Tropical Storm Gita during the period of February 7-12, 2018. Under the President’s major disaster declaration issued for the territory…

HUD: $616 Million Florida Disaster Recovery Plan Approved

Funding will target housing, infrastructure and economic development recovery WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma.  In November, HUD allocated $616 million to the Sunshine State to support long-term recovery efforts. The Florida…

SBA: Disaster Recovery Lending Increased for Small Businesses through Express Bridge Loan Pilot Program

The U.S. Small Business Administration prides itself in the efforts it takes to help small business owners recover from disasters. The SBA 7(a) Loan Program is aiding in that effort by offering the Express Bridge Loan Pilot Program. This Pilot Program was authorized on October 16, 2017 and is available through September 30, 2020. With…