HUD: FHA Extends Foreclosure Moratorium for Hurricane Maria Victims
Additional 90-day relief to help eligible FHA-insured families in Puerto Rico & U.S. Virgin Islands For the third time since Hurricane Maria devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration (FHA) today announced that the agency is extending its foreclosure moratorium to borrowers with FHA-insured mortgages. This extended foreclosure moratorium is…
CFPB: What to Know if You Are Facing Foreclosure after a Natural Disaster
Many people are still suffering the consequences of natural disasters. For example, in 2017 there was Hurricane María in Puerto Rico, Hurricane Harvey in Texas, Hurricane Irma in Florida, and the devastating wildfires in California. Even after immediate needs like shelter and food are met, financial hardships from a disaster can last for months and…
FEMA: President Trump Approves Major Disaster Declaration for Hawaii
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Hawaii to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from April 13 to April 16, 2018. Federal funding is available to the state and eligible…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of North Carolina to supplement state and local recovery efforts in the areas affected by a tornado and severe storms on April 15, 2018. The President’s action makes federal funding available to affected individuals in Guilford…
FEMA: President Trump Approves Major Disaster Declaration for Indiana
The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Indiana to supplement state, tribal and local recovery efforts in the areas affected by severe storms and flooding from February 14 to March 4, 2018. The President’s action makes federal funding available to affected individuals…
FDIC: Guidance to Help Financial Institutions and Facilitate Recovery in Disaster Areas of Alabama
Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Alabama affected by severe storms and tornadoes. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Severe storms and…
FEMA: In Florida? Learn Disaster Preparation Tips in Your Language
Hurricane Season Begins June 1 With hurricane season beginning shortly, it’s important for all Floridians to develop a plan about how to react before, during and after a disaster. Florida’s more than 20 million residents speak many languages. The state is also the most vulnerable in the country for hurricanes with nearly 120 in recorded…
FEMA: Disaster Assistance Tops $50 Million to Florida Government and Nonprofits
The state and FEMA continue collaborating to bring federal disaster dollars to Florida for Hurricane Irma-related expenses. The agency’s Public Assistance program has provided Florida more than $50 million to reimburse local governments and certain nonprofits for disaster-related projects. Below are examples of the funding so far: Monroe County: about $3.3 million for emergency response…
FEMA: President Trump Approves Second Major Disaster Declaration for Kentucky
The Federal Emergency Management Agency (FEMA) announced today that federal disaster aid has been made available to the Commonwealth of Kentucky to supplement commonwealth and local recovery efforts in the area affected by severe storms, tornadoes, flooding, landslides, and mudslides beginning on February 21, 2018 to March 21, 2018. Federal funding is available to commonwealth,…
FEMA: President Trump Approves Disaster Declaration for Alabama
The Federal Emergency Management Agency (FEMA) announced that federal disaster aid has been made available to the State of Alabama to supplement state and local recovery efforts in the area affected by severe storms and tornadoes during the period of March 19, 2018 through March 20, 2018. The President’s action makes Federal funding available to…