FEMA: Major Disaster Declaration Approved for Alaska
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Alaska to supplement state and local recovery efforts in the areas affected by a severe storm from September 28 to September 30, 2017. Federal funding is available to state and eligible local governments and certain…
FEMA: Federal Aid Programs for the State of Alaska
Following is a summary of key federal disaster aid programs that can be made available as needed and warranted under President Donald J. Trump’s disaster declaration issued for the state of Alaska. Assistance for the State and affected Local Governments Can Include as Required: Payment of not less than 75 percent of the eligible costs…
FHFA: Third Quarter 2017 Foreclosure Prevention Report Shows Foreclosure Preventions Top 3.9 Million
Hurricanes Impact Delinquency Rate The Federal Housing Finance Agency (FHFA) today released its third quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 41,465 foreclosure prevention actions in the third quarter of 2017, bringing the total number of troubled homeowners helped to 3,972,689 since the start of the conservatorships…
FEMA: Disaster Assistance in Puerto Rico 90 Days After Hurricane Maria
GUAYNABO, Puerto Rico– More than $870 million in federal funds has been provided to Puerto Rico survivors of Hurricanes Irma and Maria. This includes money paid out in FEMA grants, U.S. Small Business Administration low-interest loans and National Flood Insurance Policy claims. These funds help make it possible to begin rebuilding homes and restoring communities….
FEMA: Direct Assistance for Limited Home Repair Fact Sheet
The Direct Assistance for Limited Home Repair (DALHR) program may be available for Texans recovering from Hurricane Harvey. The program provides repairs to homes with moderate damages so applicants who lack available resources can live in their home again. The DALHR program is one of several housing solutions for Texans. FEMA determines if applicants are…
FEMA: Manufactured Housing Options Fact Sheet
Temporary housing options including Manufactured Housing Units (MHUs), Travel Trailers and non-motorized Recreational Vehicles (RVs) may be available for Texans recovering from Hurricane Harvey. The use of manufactured housing units, travel trailers or non-motorized RVs are some housing solutions available for Texans after Hurricane Harvey. FEMA determines if applicants are eligible and pairs them with…
FEMA: Direct Leasing Options Fact Sheet
The Texas General Land Office (GLO) is asking for your help in providing housing solutions for eligible Texans displaced from their permanent residences by Hurricane Harvey. The GLO is administering temporary housing leasing through the Direct Leasing and Multi-Family Lease and Repair (MLR) programs for eligible Texans unable to return to their homes until they…
FEMA: Direct Temporary Housing Assistance Fact Sheet
The Direct Housing mission for Hurricane Harvey survivors is being administered by the State and implemented by local jurisdictions. With the federal government’s financial support, Texas is leading the way with housing solutions to help impacted communities recover. Assistance may be available to applicants who live in a county designated for Direct Housing with a…
FEMA: 100 Days Marks Hurricane Irma Recovery Progress
In the 100 days since the Sept. 10, 2017 presidential disaster declaration following Hurricane Irma’s destructive path through Florida, the state, with help from federal partners, has progressed from response to significant recovery. Milestones point to this progress: $2.49 billion in survivors’ pockets More than $1 billion in disaster assistance low-interest loans approved by the…
Interagency Guidance: Examiner Guidance for Institutions Affected by Major Disasters Released
Printable Format: FDIC FIL-62-2017 – PDF (PDF Help) OCC Bulletin 2017-61 Federal Reserve SR 17-14 Summary: The federal financial institution regulatory agencies, in consultation with the Conference of State Bank Supervisors, have jointly issued the attached guidance outlining the supervisory practices to be followed in assessing the financial condition of insured depository institutions and branches and…