On Aug. 21, NY LEG governor issued declaration after storms, heat.
NY LEG published EO 37, declaring a disaster due to severe storms and extreme heat.
Disaster Declaration
Storms and heat have caused hazardous conditions posing an imminent danger to public transportation, utility service, public health, as well as public safety systems.
Series of severe storms combined with extreme heat that began on Jul. 10, 2024.
Produced tornadic activity, damaging straight-line winds, heavy rainfall, and flash flooding, resulting in road closures, travel disruptions, widespread power outages.
Executive Order implements the State Comprehensive Emergency Management Plan.
Authorizes, effective Jul. 10, 2024, State agencies to take the appropriate action to protect State property and to assist affected local governments and individuals.
EO is applicable for the counties of Albany, Allegany, Bronx, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Clinton, Columbia, Cortland, Delaware.
Also Dutchess, Erie, Essex, Franklin, Fulton, Genesee, Greene, Hamilton, Herkimer, Jefferson, Kings, Lewis, Livingston, Madison, Monroe, Montgomery, Nassau, New York.
Niagara, Oneida, Onondaga, Ontario, Orange, Orleans, Oswego, Otsego, Putnam, Queens, Rensselaer, Richmond, Rockland, St Lawrence, Saratoga, and Schenectady.
The counties of Schoharie, Schuyler, Seneca, Steuben, Suffolk, Sullivan, Tioga, Tompkins, Ulster, Warren, Washington, Wayne, Westchester, Wyoming, and Yates.
Effectiveness
Disaster declaration effective Jul. 16, 2024.
Aug. 2024 SBA Loans for Non-Profits
On Aug. 30, 2024, SBA reported that certain Private Non-Profits (PNPs) that do not provide critical services of a governmental nature may be eligible for disaster loans.
Specifically, they are eligible for low-interest disaster loans for damages as a result of severe storm, tornadoes and flooding that occurred on Jul. 10 to Jul. 11th.
Eligible PNPs in counties of Cortland, Essex, Hamilton, Lewis and St. Lawrence may apply; eligible PNPs include food kitchens, homeless shelters, museums, libraries.
PNPs may borrow up to $2mn to repair or replace damaged or destroyed real estate, machinery, equipment, inventory, other business assets at interest rate of 3.35%.
Applicants may be eligible for a loan amount increase of up to 20% of physical damages, as verified by the SBA, for mitigation purposes such as insulation.
May also be eligible for Economic injury disaster loans (EIDLs) for operating costs.
Deadline for physical property damage is Oct. 28, 2024; for EIDLs is May 29, 2025.
Sep. 5, 2024 SBA Presidential Declaration
On Sep. 5, 2024, SBA published notice of disaster declaration for public assistance only for NY due to sever storms, tornadoes, and flooding from Jul. 10 to Jul. 11, 2024.
Private Non-Profits that provide essential governmental services may file. for loans.
Sep. 10, 2024 NY LEG SBA Loans Program
On Sep. 10, 2024, NY LEG reported SBA federal loan assistance to firms impacted by Jul. 10 - Jul. 11 severe weather in Lewis and Essex counties and contiguous counties.
Clinton, Franklin, Hamilton, Herkimer, Jefferson, Oneida, Oswego, St. Lawrence, Warren, and Washington counties, to address physical losses or else economic injury.
Loans up to $2mn to replace real property, inventories, machinery, equipment or other physical loss; economic/working capital loans up to $2mn for businesses, non-profits.
Program also provides homeowner and renter property repair and replacement loans.
On Sep. 11, 2024, NY LEG Governor Hochul extended the Jul. 16, 2024, Executive Order No. 37 declaring a State Disaster Emergency for all counties in New York.
Emergency is now extended via Executive Order 37.1, through Sep. 14, 2024.
Regulators
NY LEG; SBA
Entity Types
CNSM; Corp
Reference
NY LEG: NY SR Vol. XLVI Is. 37, EO 37.1, 9/10/2024; NY SR Vol. XLVI Is. 34, EO 37, 8/21/2024; SBA: 89 FR 72692, 9/5/2024; PR 24-621, 8/30/2024; Disaster Declaration: #20593, #20594, NY-20014, FEMA-4814-DR;
