Disaster Relief

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: 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 February 14 to February 20, 2018. Federal funding is available to the state and…

FEMA: President Trump Approves Major Disaster Declaration for Ohio

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Ohio to supplement state and local recovery efforts in the areas affected by severe storms, flooding and landslides from February 14 to February 25, 2018. Federal funding is available to the state and eligible local…

FDIC: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of American Samoa Affected by Tropical Storm Gita

Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of American Samoa affected by Tropical Storm Gita. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Tropical Storm Gita…

FEMA: Disaster Proof Your Pocketbook in Three Steps

April is the beginning of severe weather here in the Midwest, and floods, storms and tornadoes are threats to take seriously and prepare for. But not all disasters have to be record-breaking or historic to be catastrophic to your family. What about an accidental house fire that destroys your home and all of your belongings?…

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…

FEMA: President Trump Approves Major Disaster Declaration for Kentucky

The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the Commonwealth of Kentucky to supplement state and local recovery efforts in the areas affected by severe storms, flooding, landslides and mudslides from February 9 to February 14, 2018. Federal funding is available to the Commonwealth and eligible…

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…