White House, SBA HWI Disaster Aid


On Jun. 18, SBA reported that disaster loans are now available.


  • 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.
  • Follows White House Hawaii disaster declaration in areas affected by severe storms, flooding, as well as landslides Apr. 11-14, 2024, in Kauai; and FEMA assistance notice.
  • Eligibility
  • Federal funding is available to state and eligible local governments and certain private nonprofits on a cost-sharing basis for emergency work and the repair or replacement.
  • Federal funding is also available on a cost-sharing basis for hazard mitigation measures statewide.
  • SBA Disaster Assistance
  • SBA CAN lending to private nonprofits to repair or replace damaged to property.
  • It can also lend additional funds to help with the cost of improvements to protect, prevent or minimize disaster damage from occurring again in the future.
  • For certain private nonprofit organizations, SBA offers Economic Injury Disaster Loans (EIDLs) to help with meeting working capital needs caused by the disaster.
  • The EIDLs may be used to pay fixed debts, payroll, accounts payable and other bills.
  • Those that cannot be paid because of the disaster’s impact upon the nonprofits.
  • Economic injury assistance available regardless of whether entity suffered damage.
  • The filing deadline for EIDL applications to be submitted is Mar. 17, 2025.
  • FEMA Reports Assistance Available
  • On Jun. 18th, FEMA reported notice that federal disaster assistance is available to HWI to supplement recovery in areas affected by Apr. 11-14 severe weather.
  • Public assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis.
  • Funding is available for emergency work and the repair or replacement of facilities damaged by the severe storms, flooding and landslides in Kauai County.
  • Funds also available on a cost-sharing basis for hazard mitigation measures statewide.
  • In Jun. 2024, HUD reported disaster aid to Hawaii storm, flood victims, see #216723.
  • Jun. 2024 HWI Governor Proclamation
  • On Jun. 21, 2024, HWI LEG issued fourth proclamation in relation to Apr. 11 storms.
  • Authorized emergency provisions regarding invocation and suspension of certain laws.
  • Aug. 2024 HWI Governor Fifth Proclamation
  • On Aug. 20, 2024, HWI LEG issued fifth proclamation re Apr. 11, heavy rains, flooding.
  • Overrides fourth proclamation issued Jun. 21 to, among other provisions, activate the Major Disaster Fund and suspend 23 HWI laws of the Hawai'i Revised Statutes (HRS).
  • Including HWI LEG 103D, HWI LEG 103F to expedite contractors for procurements of public goods, services, and health and human services to respond to the conditions.
  • Supersedes prior proclamations and in force through Oct. 19, 2024, immediate effect.
  • Sep. 2024 FEMA Fed Reg Presidential Declaration
  • On Sep. 18, 2024, FEMA issued notice of Presidential declaration of a major disaster for State of Hawaii, dated Jun. 17, 2024, related determinations, in federal register.
  • President issued major disaster declaration, determined damage in certain areas of Hawaii from severe storms, flooding, landslides during period Apr. 11 to Apr. 14, 2024.
  • Oct. 2024 HWI LEG Governor Sixth Proclamation
  • On Oct. 18, 2024, HWI LEG issued sixth proclamation re heavy rains and flooding.
  • Supersedes all prior proclamations and the disaster emergency relief period shall commence immediately and continue through Dec. 17, 2024, unless superseded.

Regulators FEMA; HWI LEG; SBA; White House
Entity Types CNSM; Corp
Reference HWI LEG: EO 2410081, 10/18/2024; Dec, 8/20/2024; PR, 6/21/2024; SBA: PR HI 20399-01, 6/18/2024; FEMA: 89 FR 76493, 9/18/2024; HG-24-196, 6/18/2024; White House: PR, 6/17/2024; HWI LEG 103D; HWI LEG 103F; HWI LEG 127A; FEMA-4793-DR
Functions BCS; Compliance; Financial; Legal; Operations; Treasury
Countries United States of America
Category
State
Products Corporate; Loan
Regions Am
Rule Type Final
Rule Date 6/18/2024
Effective Date 12/17/2024
Rule Id 216286
Linked to N/A
Reg. Last Update 10/18/2024
Report Section US Consumer

Last substantive update on 10/22/2024