White House LOU Disaster Declaration


On Sep. 16, White House approved Louisiana disaster declaration


  • White House approved Louisiana disaster declaration, ordered Federal aid to help recovery efforts in areas affected by Hurricane Francine from Sep. 9 to Sep. 12, 2024.
  • Follows prior White House, LOU LEG actions related to Hurricane Francine, #225517.
  • Funding Eligibility
  • Federal funding available to affected individuals in parishes of Ascension, Assumption, Lafourche, St. Charles, St. James, St. John the Baptist, St. Mary, and Terrebonne.
  • Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help recovery from disaster.
  • Federal funding also is available to State, tribal, and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work.
  • Funding is available on a cost-sharing basis for hazard mitigation measures Statewide.
  • Sep. 17, 2024 FEMA, SBA Assistance
  • On Sep. 17, 2024, FEMA reported disaster aid available due to Hurricane Francine.
  • Aid includes grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses and other programs to help individuals and business owners.
  • On the same day, SBA reported that disaster aid is available to businesses, residents.
  • Businesses, private nonprofits may borrow up to $2mn to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
  • Additionally, SBA can lend additional funds to help with the cost of improvements to protect, prevent, or minimize disaster damage from occurring in the future.
  • Offered Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster; available to any business regardless of property damage.
  • Loans up to $500k available to homeowners to repair or replace damaged or destroyed real estate; offered $100k to repair or replace damaged or destroyed person property.
  • Sep. 27, 2024 Fed Reg SBA Disaster Aid
  • On Sep. 27, 2024, SBA published notice of the Presidential declaration of a major disaster for public assistance only for LOU (FEMA-4817-DR) due to Hurricane Francine.
  • Parishes impacted include Ascension, Assumption, East Baton Rouge, East Feliciana, Lafourche, Livingston, Orleans, Plaquemines, St. Charles, St. Helena, St. Martin.
  • Additionally, St. Mary, St. Tammany, Terrebonne, Washington, and West Feliciana.
  • Physical loan applications due Nov. 22, 2024; EIDL applications due Jun. 23, 2024.
  • Sep. 30, 2024 FEMA Survivor Aid
  • On Sep. 30, 2024, FEMA reported assistance available for Hurricane Francine Survivors in Louisiana, including Serious needs assistance (SNA), up to $750 per household.
  • SNA is money to pay for emergency supplies like water, food, first aid, breastfeeding supplies, infant formula, diapers, personal hygiene items, or fuel for transportation.
  • Displacement assistance money to help with housing needs if cannot return to home.
  • Available to eligible survivors living in Ascension, Assumption, Jefferson, Lafourche, St. Charles, St. James, St. John the Baptist, St. Mary and Terrebonne parishes who apply.
  • Provided qualifications; must apply for FEMA assistance by Oct. 16, 2024.
  • Oct. 2024 FEMA Renter Assistance
  • On Oct. 3, 2024, FEMA reported assistance is available to renters, including students.
  • Additionally, to homeowners with uninsured losses as a result from Hurricane Francine.
  • Including help with temporary lodging, basic home repair costs, personal property loss.

Regulators FEMA; SBA; White House
Entity Types CNSM; Corp
Reference FEMA: PR 018, 10/3/2024; PR 013, 9/30/2024; 89 FR 79328, 9/27/2024; PR HQ-24-187, 9/17/2024; SBA: LA-20645-01, 9/17/2024; White House: PR, 9/16/2024; Disaster Declaration: 20666, 20667, LA-20007, FEMA-4817-DR;
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 9/16/2024
Effective Date 11/22/2024
Rule Id 226515
Linked to Rule :225517
Reg. Last Update 10/3/2024
Report Section US Consumer

Last substantive update on 10/08/2024