EDA: $32 Million Invested to Help Florida Businesses and Communities Rebuild in Wake of Hurricane Irma
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $32 million grant to the Florida Department of Economic Opportunity to fund the state’s Revolving Loan Fund (RLF) program, which, in turn will help businesses rebuild following the destruction caused Hurricane Irma. “The Trump Administration has always…
EDA: $5.58 Million Invested to Support Technical Assistance and Long-Term Disaster Recovery Planning in San Juan, Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and Maria. According to grantee estimates, the project is expected to create 24 jobs,…
FEMA: President Trump Signs Emergency Declaration for Hawaii
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that federal emergency aid has been made available to the state of Hawaii to supplement state and local response efforts due to the emergency conditions in the areas affected by Hurricane Lane beginning on August 22, 2018, and continuing. The President’s action…
HUD: FHA Announces Updated Policy to Assist Homeowners Affected by 2017 Natural Disasters in Puerto Rico and the U.S. Virgin Islands
FHA appeals to struggling borrowers to contact their mortgage servicers immediately WASHINGTON – To help struggling borrowers in Puerto Rico and the U.S. Virgin Islands impacted by Hurricanes Irma and Maria, the Federal Housing Administration (FHA) today announced it is updating its menu of foreclosure prevention options to allow borrowers with delinquent FHA-insured mortgages easier…
EDA: $1 Million Invested to Support Entrepreneurs and Small Businesses in Gulfport, MS
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Southern Mississippi Planning and Development District of Gulfport, Mississippi, to recapitalize an existing Revolving Loan Fund in support of small businesses and entrepreneurs. According to grantee estimates, the project is expected to…
HUD: $1.5 Billion Disaster Recovery Plan Approved for Puerto Rico
Action plan focuses on housing, infrastructure and economic development WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced HUD has approved a $1.5 billion disaster recovery plan to help citizens in Puerto Rico to recover from Hurricanes Irma and Maria. Puerto Rico recently submitted the plan for HUD’s review…
HUD: $243 Million Disaster Recovery Plan Approved for U.S. Virgin Islands
Funding will target housing, infrastructure and economic development U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and Maria. In November, HUD allocated $243 million to the U.S. Virgin Islands to…
HUD: $616 Million Florida Disaster Recovery Plan Approved
Funding will target housing, infrastructure and economic development recovery WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma. In November, HUD allocated $616 million to the Sunshine State to support long-term recovery efforts. The Florida…
HUD: $5 Billion Texas Disaster Recovery Plan Approved
Funding will target long-term housing, infrastructure and economic development recovery U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today approved a disaster recovery plan to help Texans recover from Hurricane Harvey. In November, HUD Deputy Secretary Pamela Hughes Patenaude announced the allocation of more than $5 billion to the Lone Star State…
FEMA: Schools in Puerto Rico to be Assessed for Damage from Hurricane Maria
FEMA and the Government of Puerto Rico are launching a comprehensive project to assess damage from Hurricane Maria to 1,110 schools on the island. The 60-day assessment project, coinciding with the summer school break, will allow FEMA and the Puerto Rico Department of Education to determine eligibility for federal assistance to repair and rebuild schools….