Disaster Recovery For Property Owners After Fires, Floods And Storms

Nebraska nonprofits can now apply for federal disaster loans for March storm

Nonprofits in eastern Nebraska can apply for federal disaster loans for damage from the winter storm that hit the state in late March, the U.S. Small Business Administration announced Monday.

Disaster Recovery For Property Owners After Fires, Floods And Storms

When a natural disaster destroys a property, the owner may receive an insurance payout. A 1033 exchange may help with taxes.

Disaster relief loans available for those impacted by ice storms

Residents and business owners across Northern Michigan are now eligible for low-interest federal disaster loans following a historic late-March ice storm that caused widespread damage and power outages.

Tom Cole Secures $1.45 Billion in Disaster Recovery for American Communities - Oklahoma Farm Report

Through his legislation, The American Relief Act, Congressman Tom Cole (OK-04) secured about $1.45 billion for the Economic Development Administration’s (EDA) Fiscal Year 2025 Disaster Supplemental Grant Program. This disaster recovery funding will be used by American communities that received major disaster declarations due to hurricanes, wildfires, severe storms and flooding, tornadoes, and other natural disasters occurring in 2023 or 2024. Af…

FDIC issues regulatory relief guidance for Oklahoma, other states – Oklahoma Bankers Association

The FDIC released guidance on Monday with steps intended to provide regulatory relief to financial institutions and facilitate recovery in seven states recently affected by natural disasters, including the wildfires in Oklahoma earlier in the spring. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties, including extending repayment terms, restructuring existing loans or easing terms for n…