HUD: FHA Strengthens Mortgage Relief Options to Help Homeowners Impacted by Major Disasters
When disasters strike, homeowners can fall behind in their mortgage payments as they struggle to recover from a major disaster. To help homeowners impacted by major disasters, the Federal Housing Administration (FHA) today announced it is expanding its foreclosure prevention options to allow borrowers in Presidentially Declared Major Disaster Areas (PDMDAs) with delinquent FHA-insured mortgages…
FEMA: President Trump Approves Major Disaster Declaration for Louisiana
FEMA announced today that federal disaster assistance has been made available to the state of Louisiana to supplement state and local recovery efforts in the areas affected by Hurricane Barry from July 10-15, 2019. FEMA’s Public Assistance funding is available to the state and eligible local governments and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Major Disaster Declaration for Wisconsin
FEMA announced that federal disaster assistance has been made available to the state of Wisconsin to supplement state, tribal and local recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds, and flooding from July 18-20, 2019. Federal funding is available to state, tribal, eligible local governments and certain private nonprofit organizations on…
HUD: Program Requirements Released for CDBG-Mitigation Program
Mitigation rules to support nine states and five local communities The U.S. Department of Housing and Urban Development (HUD) today published the program requirements for the Department’s new Community Development Block Grant –Mitigation (CDBG-Mitigation) Program to nine states and five local communities. Read HUD’s notice. CDBG-Mitigation funds represent a unique and significant opportunity for grantees to use this…
FEMA: Okfuskee County Added to Oklahoma Disaster Declaration
Okfuskee County has been added to the federal disaster declaration issued for Oklahoma on July 12 for the severe storms, tornadoes, straight-line winds and flooding that occurred April 30 to May 1. Okfuskee is now eligible to apply for FEMA’s Public Assistance (PA) funding to supplement state and local recovery efforts. FEMA’s PA program reimburses counties,…
FEMA: Think You Don’t Need Flood Insurance? Think Again
The recent Rio Grande Valley floods resulted in flood insurance claims valued at more than $31.1 million being filed so far by Texas homeowners, business owners and renters. But some Texans who experienced losses did not have flood insurance Why do I need flood insurance? Standard homeowner’s insurance policies do not cover flood. Flood is…
FEMA: President Trump Approves Major Disaster Declaration for New Hampshire
FEMA announced that federal disaster assistance has been made available to the state of New Hampshire to supplement state and local recovery efforts in the areas affected by a severe storm and flooding on July 11-12, 2019. Federal funding is available to the state and eligible local governments and certain private nonprofit organizations on a…
FEMA: Noble, Okmulgee, Ottawa and Tillman Counties Added to Oklahoma Disaster Declaration
Four more counties in Oklahoma are now eligible to apply for FEMA’s Public Assistance funding to supplement state and local recovery efforts in areas that sustained damage from the severe storms, straight-line winds, tornadoes and flooding between May 7 and June 9, 2019. Noble, Okmulgee, Ottawa and Tillman counties may now request reimbursements under the Public Assistance…
EDA: $587 Million Available to Aid Communities Impacted by Natural Disasters
U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published the Fiscal Year 2019 (FY2019) Disaster Supplemental Notice of Funding Opportunity (NOFO) making $587 million available to eligible grantees in communities impacted by Presidentially declared natural disasters in 2018, and floods and tornadoes in 2019. “The Trump Administration…
HUD: $6 Million Awarded to Provide Technical Assistance to Distressed Communities
LISC to help smaller communities experiencing economic distress, recovering from disaster The U.S. Department of Housing and Urban Development (HUD) today announced that it is awarding $6 million to the Local Initiatives Support Corporation (LISC) to provide critically needed technical assistance to distressed communities with populations under 40,000, including those located in Opportunity Zones and…