Page 14 - Disaster Loan Program News Today

At the urging of state and local officials, as well as North Coast Congressmember Jared Huffman, the U.S. Small Business Administration is offering low-interest federal...

BUFFALO — Congressman Chris Jacobs has sent a letter to Gov. Kathy Hochul calling for her to submit a request for a major disaster declaration under the Stafford Act to

The Robert T. Stafford Emergency Relief and Disaster Assistance Act of 1988 gave the President the authority to issue disaster declarations for a variety of events. These can range from widespread national disasters to smaller, localized events.

The Small Business Administration is giving small businesses some grace.

>> ♪ ♪ >> sandra: the secret service is reporting that criminals stole 100 billion dollars in pandemic relief funds. the white house is pushing back and adding clarification. griff reporting from washington. >> 100 billion dollars the secret service said. this could be the largest fraud they have ever seen. they preyed on the covid relief dollars for out of work americans and struggling businesses. the secret service national pandemic fraud recovery coordinator they stole from the small busi...

Disaster recovery spending for major flood events in the United States is at an all-time high. Yet research examining equity in disaster assistance increasingly shows that recovery funding underserves vulnerable populations. Based on a review of academic and grey literature, this article synthesizes empirical knowledge of population disparities in access to flood disaster assistance and outcomes during disaster recovery. The results identify renters, low-income households, and racial and ethnic ...

Disaster response is uneven across the country.

<p><span>U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget (OMB) Acting Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2021. The deficit in FY 2021 was $360 billion less than in the prior fiscal year, reflecting an improved economy due in part to the American Rescue Plan Act of 2021 (ARP) and COVID-19 vaccination rollout. The 2021 deficit was $897 billion less than forecast in the President&rsqu...

GAO reviewed the Small Business Administration's (SBA) new rule entitled "Disaster Loan Program Changes." GAO found that the interim final rule...

May 1—Oahu residents and small businesses impacted by the severe storms, flooding and landslides in March are eligible for low-interest disaster loans via the U.S. Small Business Administration. Flash flooding and torrential rains that began March 8 and extended through March 18 impacted many families and businesses on the North Shore. Thirty-six homes and four businesses sustained extensive ...