Interagency Statement: Agencies to Give Favorable CRA Consideration to Revitalization Activities in Disaster Areas Affected by Hurricane Maria
OCC Statement FDIC Statement Federal Reserve Statement The federal bank regulatory agencies today announced they will give favorable consideration under Community Reinvestment Act (CRA) regulations to institutions that are located outside of the U.S. Virgin Islands and Puerto Rico, which were designated as major disaster areas in the aftermath of Hurricane Maria, for bank activities…
FEMA: Encouraging Tsunami Awareness and Preparedness for Coastal Communities
Following an intense earthquake that occurred in the Gulf of Alaska, which prompted tsunami watches, advisories and warnings across many state coastlines, FEMA continues to highlight safety tips for those who live in or visit coastal communities. While today’s immediate threat has passed, the situation serves as a reminder to all that there are steps…
FEMA: Understanding Your FEMA Assistance Determination Letter
Survivors of Hurricanes Irma and Maria who registered with FEMA for disaster assistance receive a determination letter with their eligibility decision and the reason for it. For those who are eligible, the letter states the dollar amount of the grant and how the funds should be used. When ineligible, the letter explains why and how…
FEMA: 100 Days into Recovery from October Wildfires in California
It has been 100 days since the devastating October wildfires in Northern California and Orange County. As of close of business Jan. 16 FEMA and the State have provided the following to survivors: 4,349 households have been deemed eligible for FEMA individual assistance. FEMA has approved more than $14.3 million in Individuals and Households Program…
FEMA: Hamilton County, Florida Now Eligible for FEMA Assistance
ORLANDO, Fla. – Homeowners, renters and business owners in Hamilton County may now apply for federal disaster assistance for uninsured and underinsured damage and losses resulting from Hurricane Irma. To be eligible for federal aid under FEMA’s Individual Assistance Program, storm damage and losses from the hurricane and flooding must have occurred as a result…
FEMA: Draft National Mitigation Investment Strategy Released for Public Comment
Hazard Mitigation Report Shows Benefits of Mitigation Strategies Following a report released today by the National Institute of Building Sciences that found, on average, every $1 spent on federally funded hazard mitigation grants saves $6 in future disaster costs, FEMA released the draft National Mitigation Investment Strategy for public comment. The draft National Mitigation Investment…
FEMA: Federal Disaster Declaration for Southern California Wildfires now Includes Flooding, Mudflows, Debris
The Federal Emergency Management Agency (FEMA) announced today that the federal disaster assistance declaration made available to the state of California to supplement state, tribal, and local recovery efforts in the areas affected by wildfires from December 4, 2017 and continuing has been amended. The declaration now includes damage from Flooding, Mudflows, and Debris flows…
FEMA: Major Disaster Declaration for State of Maine
The Federal Emergency Management Agency (FEMA) announced that federal disaster assistance has been made available to the state of Maine to supplement state and local recovery efforts in the areas affected by a severe storm and flooding from October 29 to November 1, 2017. Federal funding is available to state and eligible local governments and…
FEMA: Major Disaster Are Declared for State of Vermont
The Federal Emergency Management Agency (FEMA) announced that federal disaster assistance has been made available to the state of Vermont to supplement state and local recovery efforts in the areas affected by a severe storm and flooding from October 29 to October 30, 2017. Federal funding is available to state and eligible local governments and…