On Aug. 21, HUD,SBA reported aid available for Nebraska disaster.
HUD ordered federal aid to supplement recovery efforts in Nebraska areas affected by severe storms, straight-line winds, tornadoes, flooding from May 20 to Jun. 3, 2024.
SBA made disaster assistance available to Nebraska private nonprofit organizations.
Follows Aug. 20 White House approval of disaster declaration for State of Nebraska.
FEMADisaster Assistance
FEMA reported public assistance federal funding is available to state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis.
Federal funding is available on a cost-sharing basis for hazard mitigation measures.
On the same day, NEB LEG reported assistance available for the foregoing counties.
Lincoln County, included in declaration, did not qualify for inclusion in federal request.
HUD, SBA Disaster Assistance
HUD is providing a 90-day moratorium on foreclosures of FHA-insured mortgages and foreclosures of mortgages to Native American borrowers guaranteed per Section 184.
Also 90-day extension for Home Equity Conversion Mortgages, effective on President’s disaster declaration date; homeowners should contact their mortgage or loan servicer.
Conventional mortgage holders may be eligible for relief through the mortgage holder.
SBA offering Economic Injury Disaster Loans (EIDLs) to meet working capital needs, to pay fixed debts, payroll, accounts payable and bills that cannot be paid due to disaster.
Deadline to apply for property damage is Oct. 21, 2024, and EIDL, due May 20, 2025.
Aug. 27, 2024 SBA Fed Register Disaster Declaration
On Aug. 27, 2024, SBA notice of Nebraska disaster declaration in the federal register.
Oct. 2024 SBA Disaster Assistance
On Oct. 21, 2024, SBA reported EIDLs available for NEB businesses, residents affected by severe storms, straight-line winds, tornadoes, flooding from May 20 to Jun. 3, 2024
Businesses of all sizes, private nonprofits may borrow up to $2mn, $500k is available to homeowners, homeowners and renters eligible for $100k for personal property.
Deadline to apply for property damage is Dec. 20, 2024, and for EIDLs Jul. 21, 2025.
