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…
FEMA: SBA Provides Federal Disaster Assistance for Businesses in Puerto Rico through June 20th
Low-interest disaster loans from the U.S. Small Business Administration are available for businesses and private nonprofits that suffered physical damage or economic losses due to hurricanes Irma and Maria. Uninsured and underinsured losses caused by a disaster can impact business owners’ ability to recover. SBA loans can help cover repairs and replacement of damaged physical…
FHFA: Report Shows Fannie Mae and Freddie Mac Foreclosure Preventions Surpass 4 Million
Hurricanes Impact Delinquency Rate The Federal Housing Finance Agency (FHFA) today released its fourth quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 67,569 foreclosure prevention actions in the fourth quarter of 2017, bringing the total number of homeowners helped to 4,040,258 since the start of the conservatorships in…
FEMA: Federal Funding for U.S. Virgin Islands Tops $1 Billion
ST. CROIX, Virgin Islands – The Federal Emergency Management Agency and its partners have provided more than $1 billion to households, businesses, territorial agencies and flood insurance policyholders to help them recover from hurricanes Irma and Maria. As of March 19, the funding includes: $74.8 million in Individual Assistance for individuals and households, including rental assistance,…
FEMA: President Trump Extends U.S. Virgin Islands Disaster Declaration
The Federal Emergency Management Agency (FEMA) announced that additional disaster assistance is available to the Territory of the U.S. Virgin Islands through an extension of increased federal funding, including direct federal assistance, to the Territory for debris removal and emergency protective measures undertaken as a result of Hurricane Irma beginning on September 5, 2017 and…
FEMA: Temporary Emergency Housing Mission Sets Path for Long-Term Recovery
Temporary Emergency Housing Mission Sets Path for Long-term Recovery After Hurricane Irma barreled through Florida, a primary concern was emergency temporary housing for those who had damaged or destroyed homes. The state and FEMA implemented several options for survivors: housing through travel trailers and direct leases, Transitional Sheltering Assistance and the Sheltering and Temporary Essential…
FEMA: $2.2 Billion in Federal Aid Approved for Puerto Rico Households and Businesses
With two weeks remaining before the deadline to register with FEMA, more than $2.2 billion in federal aid is helping fuel the recovery for households and businesses in Puerto Rico. More than 1.1 million Puerto Rico households and businesses have contacted FEMA for help and information. Survivors contact FEMA seeking help for various reasons such…
FEMA: Mitigation Grants Program Eclipsed $15 Billion in Helping Communities Rebuild, Recover and Avoid Future Losses
This year marks three decades since the Robert T. Stafford Act was amended to include funding for hazard mitigation; to date, FEMA has provided more than $15 billion in mitigation grants to support state, local, tribal and territorial efforts to rebuild their communities stronger and safer. A National Institute of Building Sciences report issued earlier…
FEMA: Transitional Sheltering Assistance for Florida Hurricane Irma Survivors Ends
Transitional Sheltering Assistance (TSA), which pays for hotel rooms as temporary, emergency housing for eligible Hurricane Irma survivors, ends March 10, 2018. Under TSA, disaster survivors may be eligible to stay in a participating hotel or motel for a limited period of time and have the cost of the room and taxes covered by FEMA….