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.
How to check your grant award amount. (Grant Calculator)
How to ask for and calculate deferments to reduce recapture.
Getting to your Grant Closing when Recapture is in the way.
Soft Second Loans, who can use them and on what and when?
About 19 results
Eligible Homeowners to receive financial assistance from state managed federally funded programs.
13 min. 22 seconds read
Financial hardship means a material reduction in income or material increase in living expenses associated with any federally declared disaster and in this article we will use the coronavirus pandemic as our current federally declared disaster.
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Homeowner Assistance Fund Program that applies to ALL States and US Territories.
2 min. 12 seconds read
Mortgage Assistance will be managed by the same departments as the current Rental assistance. Expect the same results, slow disbursements and eligibility requirements that may not offer any financial assistance or funding coverage.
V.C.2. FUNDS FOR SAME PURPOSE, DIFFERENT ALLOWABLE USE. HUD Guidance June 2019 explained to benefit homeowners
3 min. 56 seconds 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 min. 7 seconds 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 min. 30 seconds 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 min. 23 seconds 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.
Did your state inform you that you qualify for federal assistance only to later deny you assistance based on state created policy or procedure? Is your home listed as being in one of the most impacted areas? Do you have proof your state accepted you into the federally funded HUD CDBG-DR grant program? Contact us about your experience.
We have hundreds of homeowners looking for experienced trade professionals. We only ask for proof you are who you say you are. It's time you publish your work, from start to finish and show details so we can all see your quality. Homeowners are sick and tired of day labor contractors. Follow this link to create your account.
LA, FL, TX, PR, NC are receiving billions in US taxpayer dollars to mitigate against future flood disasters. We are looking to help your county or parish find the best clearing and dredging people. Contact us about your experience.
We are looking for Skilled Trade Contractors for remodeling, repair, reconstruction and new construction of residential homes. You must be willing to work at 20% overhead / commission.Contact us today!.