FEMA: President Biden Approves Major Disaster Declaration for the U.S. Virgin Islands
FEMA announced that federal disaster assistance is available to the territory of the U.S. Virgin Islands to supplement recovery efforts in the areas affected by Tropical Storm Ernesto on Aug. 13-16, 2024. Federal funding is available to territory and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the…
FEMA: President Biden Approves Major Disaster Declaration for the Havasupai Tribe
FEMA announced that federal disaster assistance is available to the Havasupai Tribe to supplement recovery efforts in the areas affected by flooding on August 22-23, 2024. The President’s action makes federal funding available to affected individuals of the Havasupai Tribe. Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured…
FEMA: President Biden Approves Major Disaster Declaration for Nebraska
FEMA announced that federal disaster assistance is available to the state of Nebraska to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding on July 31, 2024. Federal funding is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and…
FEMA: President Biden Approves Major Disaster Declaration for New York
FEMA announced that federal disaster assistance is available to the state of New York to supplement recovery efforts in the areas affected by severe storms and flooding on Aug. 18-19, 2024. Federal funding is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair…
FEMA: President Biden Approves Major Disaster Declaration for North Carolina
FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Potential Tropical Cyclone Eight from Sept. 16-20, 2024. Federal funding is available to state, tribal, and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and…
FEMA: President Biden Approves Major Disaster Declaration for Alaska
FEMA announced that federal disaster assistance is available to the state of Alaska to supplement recovery efforts in the areas affected by flooding from Aug. 5-6, 2024. The President’s action makes federal funding available to affected individuals in the City and Borough of Juneau. Assistance can include grants for temporary housing and home repairs, low-cost…
HUD: Aid Offered to Florida Disaster Victims
Today, the U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Florida and ordered federal aid to supplement state, tribal, and local recovery efforts in the areas affected by Hurricane Milton beginning October 5, 2024 and continuing. President Biden issued a major disaster declaration for the state…
FEMA: President Biden Approves Major Disaster Declaration for South Carolina
President Joseph R. Biden, Jr., approved a major disaster declaration for South Carolina on Sept. 29, 2024. Federal disaster assistance is available to the state of South Carolina to supplement recovery efforts in the areas affected by Tropical Storm Debby on Aug. 4-22, 2024. Public Assistance federal funding is available to the state, tribal and eligible…
SBA: Funding for New Disaster Loans Exhausted
Disaster Survivors in Need of Loans Should Continue to Apply While SBA Awaits Additional Funding Today, the SBA announced that it has exhausted funds for its disaster loan program after warnings that funding would soon run out following increased demand from Hurricane Helene. Until Congress appropriates additional funds, the SBA is pausing new loan offers for its direct,…
Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Milton
The Federal Deposit Insurance Corporation, the Federal Reserve Board, the Florida Office of Financial Regulation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to…