FEMA: Now Is the Time to Prepare Financially for Hurricane Season
Survivors at all income levels have experienced the challenges of rebuilding their lives after hurricanes Irma and María. Financial preparedness is an essential part of 2018 hurricane season planning. Being financially prepared means you should: Consider the costs associated with disasters such as insurance deductibles and evacuation costs, and plan for those costs. Anticipate initial…
SBA: Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
South Carolina business owners who rebounded after losing their entire inventory after a massive flood, Houston bakery owners who quickly reopened despite the devastation caused by Hurricane Harvey, a Texas mayor who navigated the town’s recovery after Hurricane Harvey, and a volunteer who organized the debris removal of a Georgia town hit by three massive…
FEMA: Recovery Progress Continues in Puerto Rico with Agreement on Public Assistance Alternative Procedures Guide
FEMA Administrator Brock Long announced today that FEMA and the Government of Puerto Rico have coordinated the guidelines for permanent work restoration in Puerto Rico. FEMA is releasing the “Public Assistance Alternative Procedures Guide for Permanent Work (Section 428)” document specifically for permanent work projects in Puerto Rico. Using these procedures, FEMA will develop fixed-cost…
HUD: $1.6 Billion Awarded to Help the U.S. Virgin Islands to Recover from Hurricanes Irma and Maria
Disaster recovery funds to help repair damaged homes, businesses and infrastructure WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $1.6 billion to support long-term disaster recovery in the U.S. Virgin Islands following Hurricanes Irma and Maria. These funds are provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR)…
HUD: $28 Billion Awarded to Help Hard-Hit Disaster Areas in Nine States, Puerto Rico and U.S. Virgin Islands
Disaster recovery funds to help repair damaged housing, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands. These funds are provided through HUD’s Community Development Block Grant – Disaster…
FEMA: SBA Provides Federal Disaster Assistance for Businesses in Puerto Rico through June 20th
Low-interest disaster loans from the U.S. Small Business Administration are available for businesses and private nonprofits that suffered physical damage or economic losses due to hurricanes Irma and Maria. Uninsured and underinsured losses caused by a disaster can impact business owners’ ability to recover. SBA loans can help cover repairs and replacement of damaged physical…
FHFA: Report Shows Fannie Mae and Freddie Mac Foreclosure Preventions Surpass 4 Million
Hurricanes Impact Delinquency Rate The Federal Housing Finance Agency (FHFA) today released its fourth quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 67,569 foreclosure prevention actions in the fourth quarter of 2017, bringing the total number of homeowners helped to 4,040,258 since the start of the conservatorships in…
FEMA: Federal Funding for U.S. Virgin Islands Tops $1 Billion
ST. CROIX, Virgin Islands – The Federal Emergency Management Agency and its partners have provided more than $1 billion to households, businesses, territorial agencies and flood insurance policyholders to help them recover from hurricanes Irma and Maria. As of March 19, the funding includes: $74.8 million in Individual Assistance for individuals and households, including rental assistance,…
FEMA: President Trump Extends U.S. Virgin Islands Disaster Declaration
The Federal Emergency Management Agency (FEMA) announced that additional disaster assistance is available to the Territory of the U.S. Virgin Islands through an extension of increased federal funding, including direct federal assistance, to the Territory for debris removal and emergency protective measures undertaken as a result of Hurricane Irma beginning on September 5, 2017 and…
FEMA: Temporary Emergency Housing Mission Sets Path for Long-Term Recovery
Temporary Emergency Housing Mission Sets Path for Long-term Recovery After Hurricane Irma barreled through Florida, a primary concern was emergency temporary housing for those who had damaged or destroyed homes. The state and FEMA implemented several options for survivors: housing through travel trailers and direct leases, Transitional Sheltering Assistance and the Sheltering and Temporary Essential…