NEB LEG Disaster Aid Jun. Jul. Storms


On Sep. 25, NEB LEG reported disaster declaration for sever storms.


  • NEB LEG, FEMA reported White House Biden approved Nebraska disaster declaration.
  • Ordered Federal assistance to supplement State, tribal, local recovery efforts in areas affected by storms, straight-line winds, tornadoes, flooding Jun. 20 to Jul. 8, 2024.
  • Further, SBA reported disaster assistance available to Nebraska private nonprofits.
  • Disaster Declaration
  • Funds are available to State, tribal and eligible local governments, as well as certain private nonprofits on a cost-sharing basis for emergency work, repair or replacement.
  • Available in counties of Boyd, Clay, Dakota, Dawson, Douglas, Fillmore, Holt, Howard, Lincoln, McPherson, Nance, Nemaha, Saunders, Scotts Bluff, Thomas, and Washington.
  • Funding also available on cost-sharing basis for hazard mitigation measures statewide.
  • SBA Private Nonprofit Disaster Aid
  • The SBA reported that disaster assistance is available to eligible Nebraska private nonprofit organizations that provide essential services of a governmental nature.
  • SBA may lend private nonprofits up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
  • SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize possibility of disaster damage from occurring in the future.
  • Finally, SBA may also offer nonprofits, Economic injury disaster loans (EIDLs) to help meet working capital needs caused by the disaster such as payroll and other bills.
  • Deadline for physical damage loans is Nov. 25, 2024; for EIDLs Jun. 24, 2025.

Regulators FEMA; NEB LEG; SBA; White House
Entity Types CNSM; Corp
Reference NEB LEG: PR, 9/25/2024; SBA: PR NE 20670-01, 9/25/2024; FEMA: PR HQ-24-201, 9/25/2024; White House: PR, 9/24/2024
Functions BCS; Compliance; Financial; Legal; Operations; Risk
Countries United States of America
Category
State
Products Corporate; Loan; Mortgage
Regions Am
Rule Type Final
Rule Date 9/25/2024
Effective Date 11/25/2024
Rule Id 227491
Linked to N/A
Reg. Last Update 9/25/2024
Report Section US Consumer

Last substantive update on 09/29/2024