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FEMA Approves Millions in Disaster Loans for Earthquake-Affected Municipalities

The Federal Emergency Management Agency (FEMA) announced the approval of nearly $90 million in low-interest Community Disaster Loans, known as CDLs, to assist the municipalities affected by the 2020 earthquakes in their long-term recovery.
Twenty-five municipalities in the south, center and west of the island benefitted from this federal assistance, which ended on June 30. All municipalities that applied for the loan and submitted the required documentation were approved.
âThe earthquakes certainly transformed the economic landscape of many municipalities that were simultaneously dealing with the aftermath of Hurricane MarÃa. The loans serve as tools that, together with the support of the Government of Puerto Rico, help stabilize operations in the municipalities and reactivate local economies,â said Puerto Rico Federal Disaster Recovery Coordinator, JosÃ© G. Baquero. ....

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US Executive Branch Update – July 23, 2021 - Government, Public Sector

US Executive Branch Update – July 23, 2021 - Government, Public Sector
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FEMA Approves Millions in Community Disaster Loans for Earthquake-Affected Municipalities - Puerto Rico (The United States of America)

FEMA Approves Millions in Community Disaster Loans for Earthquake-Affected Municipalities - Puerto Rico (The United States of America)
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NJ Sandy victims shouldn't have to repay feds: lawmakers

New Jersey s entire House delegation has signed a letter asking the federal government to grant financial relief to families and towns still recovering from 2012 s superstorm Sandy.
The letter, written by U.S. Rep. Frank Pallone Jr., asks leaders of the House appropriation committees to grant Housing and Urban Development Secretary Marcia Fudge the ability to waive the recoupment of federal funds owed by New Jersey homeowners who participated in Sandy rebuilding programs.
The Murphy administration announced a freeze on the recoupment process, also known as clawbacks, in 2018, saying the state Department of Community Affairs would no longer be attempting to collect repayment of grant funds. But while the freeze was welcomed by Sandy victims, it has also left them in limbo, unsure if they will be asked to repay some of the grant funds they received. ....

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