HUD CDBG-DR program will be the most difficult program you attempt to navigate due to the number of process, direction, guidance and program rules you must follow. For much of this section I will be discussion a delivery sequence change that will make recovery more time effective for disaster victims. Typically the CDBG-DR process starts one year after the declared disaster but can be granted one additional year making your recovery process with HUD 2 years from the actual disaster.
HUD CDBG-DR Grant Calculator The 100% UNOFFICIAL HUD CDBG-DR Grant calculator. Technically it's not unofficial because HUD doesn't offer any type of CDBG-DR Grant Calculator for disaster victims. So it's officially the only online CDBG-DR Grant calculator designed to be used by CDBG-DR Grant recipients.
If you are from any state other than Louisiana please email me a copy of your grant and send your states homeowners policy so I can add any variables your state may have added to their internal calculations. Thanks.
V.C.2. FUNDS FOR SAME PURPOSE, DIFFERENT ALLOWABLE USE. HUD Guidance June 2019 explained to benefit homeowners
3:56 minute read.
When HUD published updated duplication of benefits policy most states didnt pass the information on to those that the new guidance would assist. In Louisiana the state only addressed issues it was required to address and all others simply ignored.
Landlords with non paying renters because of unemployment.
1:7 minute read.
Multifamily rental units occupied by non paying renters of no fault of their own for the COVID-19 job loss they are experiencing. I am researching the option to assist landlords with mortgages based on number of units at fair market rates.
Self-Help Homeownership Opportunity Program (SHOP)
2:30 minute read.
The Self-Help Homeownership Opportunity Program SHOP offers major not for profits the opportunity to purchase and make ready for some real sweat equity and volunteer-based homeownership programs for low-income persons and families.
Louisiana OCD-DRU finally offers HUD Housing Hardship as method to have SBA loan repaid.
3:23 minute read.
OCD-DRU of Louisiana discussed with HUD hardship requirements. HUD presented the formula to LA OCD-DRU in 2019 and the state did nothing except publish an estimated number of households that they will assist. 200 of the 4,227 will see some assistance.
Updates to Duplication of Benefits Requirements Under the Stafford Act for CDBG-DR FR-6169-N-O1
0 seconds read.
NOTE: Highlighted and linked text is to provide additional resources and to bring your attention to select sections that we have covered in previous months here at Truck And Tools .Com. This is HUDs clarification of Public Laws 115-123 and 115-254.
Question FEMA and your states Emergency Management people about applying for SBA Loans.
6:57 minute read.
HUD CDBG-DR Grants will help you with your long term recovery and not add to your current household debt like an SBA Disaster Loan would. Loans from the SBA have to be repaid if taking by a homeowner. Grants do not have to be repaid. Learn the truth.