To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to ensure that unmet needs after a major disaster are met.

FAQ#: 110 published 3-28-2019

Open Letter to Congressman Graves posted on Facebook.com Congressman Garret Graves comment by Murray Wennerlund.

The language sounds like you're talking HUD but you start with the federal management agency.
 
This would really work better if you could get the Administrator of the Emergency Management (FEMA) to address the disaster assistance delivery. If we could add to H.R. 1311 verbiage making FEMA refer disaster victims to either HUD or SBA based on FEMA's financial controls which would need to be modified from their current method of identifying if a household has at least one income maker.
 
If we had FEMA refer the Low to Moderate Income (LMI) which HUD identifies as 80% AMI or less directly to HUD CDBG-DR federal assistance and all those at 120% AMI or greater to SBA then you only have to figure out how to manage the middle income families that most likely do not have enough resources available to them to make a full recovery without adding serious debt burden on their households.
 
Simply by splitting LMI off in the first week we would have saved over 29,000 families from being denied assistance later with the Restore Louisiana program.
 
If those that had incomes at 120% or greater were advised by FEMA to seek "Other Assistance Elsewhere" which means their income and credit would have allowed them to seek conventional lenders which would not have resulted in the SBA DOB issue we face today. It would have instructed credit worthy households to take conventional loans even if the interest and terms were not as good as the SBA. The loans would have not penalized them thus making them "Reimbursements" in the HUD CDBG-DR program.
 
So the only demographic and the heaviest in voters is the 81% to 120% group, either directly these households typically run at 75% of their total income to reoccurring debt. To add the financial burden of a disaster to their households it normally means they seek additional income. They are below the cash in hand market standards to qualify for loans in the amounts for a Assistance Elsewhere approach with their recovery as the 120% AMI groups are. This middle class group uses more credit cards that are very high in interest rates. This short term cash advance system at 17%+ interest adds a financial risk of default on the primary mortgage not to mention the stress this type of debt causes. For these households we need a focus on local banks willing to offer lines of credit to rebuild that may have state backing but not federal taxpayer dollar backing which would make the credit line a DOB.
 
The hardest group to fund is also the same group suffering in the recovery process.
 
Recap: Between the below 80% and the above 120% comparing programs we use today both demographics would suffer ZERO in structural repairs. HUD CDBG-DR Grants for the 80%, 100% reimbursements to the 120%.
 
Where is the wording that focuses on the the middle class 81% to 119%?
 
By the way, you're doing great with pushing the Stafford Act.
Now let's push the Sequence of Delivery amendment so we can get people fixed in the first 3 months instead of the last 3 years of the HUD CDBG-DR program.
 
 

Comment | Suggestion | Feedback

Renter's or Homeowner's Declaration required by the CDC to prevent evictions before Dec. 31, 2020 or if extended the new date.

FAQ#: 261 published 12-6-2020 updated 12-12-2020 4 min. 14 seconds read

Read


How to use our Research Based Learning pages to better understand a subject, to collect the missing pieces of the puzzle, to start a research project or to close out your research project. Resources published here are parts or segments of..

FAQ#: 1 published 12-30-2018 updated 12-12-2020 1 min. 55 seconds read

Read


I am not a U.S. Citizen but my business meets all the other criteria for a COVID-19 EIDL will I get a loan?

FAQ#: 310 published 11-30-2020 8 min. 24 seconds read

Read


I was not told why my SBA EIDL was declined. Does the SBA send a reason code or declined reason by letter?

FAQ#: 447 published 11-30-2020 1 min. 28 seconds read

Read


FEMA Disaster Assistance for Individuals and Households Program which is provided for temporary repairs of your home so you are not dependent on other housing assistance and is not a Duplication of Benefits (DOB) to other assistance and HUD CDBG-DR Grants

FAQ#: 446 published 11-13-2020 1 min. 24 seconds read

Read


Louisiana Workforce Commission LWC filing your DUA and PUA with the expectation of a backdated FPUC.

FAQ#: 413 published 11-8-2020 1 min. 12 seconds read

Read


Louisiana Workforce Commission note, Start of new calendar quarter may require some to file a new unemployment

FAQ#: 434 published 10-4-2020 1 min. 49 seconds read

Read


SBA Form 3502

FAQ#: 343 published 8-6-2020 updated 9-4-2020 3 seconds read

Read


Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19 An unpublished Notice by the Centers for Disease Control and Prevention on 09/04/2020

FAQ#: 416 published 9-3-2020 12 seconds read

Read


I made a mistake listing my revenue when I applied for the SBA EIDL, I would like reconsideration for the loan.

FAQ#: 386 published 9-1-2020 2 min. 32 seconds read

Read