GAO-19-232 Disaster Victims not inspected by HUD for damages when applicants where denied by SBA

FAQ#: 124 published 5-14-2019

GAO-19-232 2017 CDBG-DR Grants Page 22:
"Including SBA applicants that were denied assistance."

"Florida and Puerto Rico included SBA applicants whose units were not inspected because they were denied disaster loans, although the extent to which these units sustained damages was unknown. Florida estimated approximately $1.8 billion and Puerto Rico approximately $1.5 billion in housing needs for these SBA applicants. Florida and Puerto Rico officials told us that they included these applicants because being denied did not necessarily mean that these applicants did not experience losses. For example, SBA applicants can be denied loan assistance based on their inability to repay, despite potentially having unmet needs. Similarly, HUD officials explained that they consider applications that SBA has denied as a potential indicator of unmet needs."

For those of you in Florida, Puerto Rico or any other state or commonwealth that were denied by the SBA and not inspected you will have the right to have HUD CDBG-DR inspect your home and provide you with a damage assessment. 

You also are nearly 100% qualified for a Hardship waiver because you have been "Denied" or "Declined" by the SBA and under the HUD Guidance of Nov. 16, 2011 that identifies you has an automatic hardship. 

You will be provided HUD CDBG-DR grants after you report to your state grantee that you were declined by the SBA. Your state may not offer this information. The Datafeed the states subscribe to will not always provide data related to Declined loans and Cancellation codes related to agency declined loans. 

Research Resources:

Comment | Suggestion | Feedback

Does the Restore Louisiana OCD-DRU HUD Grant program offer a Scheduled Draw payment?

FAQ#: 451 published 5-14-2022 1 min. 32 seconds read

Read


Secured Federal USDA Single Family Housing Repair Loans up to $40,000 for 20 years at 1 percent interest and Grants of up to $10,000.

FAQ#: 453 published 4-19-2022 1 min. 50 seconds read

Read


How to help homeowners with their construction projects without requiring a license in Louisiana ยง309. Construction Management [Formerly ยง119]

FAQ#: 456 published 4-19-2022 3 min. 35 seconds read

Read


What does disaster Unmet needs mean?

FAQ#: 457 published 4-18-2022 1 min. 25 seconds read

Read


SBA Reconsideration Loan: My home was hit by Hurricane Sally I am in need of an SBA loan to repair my home. Please reconsider my denied application.

FAQ#: 459 published 4-18-2022 2 min. 44 seconds read

Read


How to calculate your Wind, Snow, Tornado and Seismic risk assessment and apply that information to better home building.

FAQ#: 458 published 3-5-2022 2 min. 31 seconds read

Read


How do I know if my mortgage is federally backed or federally secured? COVID-19 Housing Assistance Program Appeals Process.

FAQ#: 460 published 1-13-2022 2 min. 50 seconds read

Read


Reconsideration of Declined Loan Applications SBA Economic Injury Disaster Loan (EIDL)

FAQ#: 235 published 4-23-2020 updated 1-4-2022 4 min. 48 seconds read

Read


Reconsideration of Declined EIDL add Personal Financial Statement Disaster Programs SBA Form 413D (03-18) to your document list.

FAQ#: 403 published 8-6-2020 updated 12-31-2021 1 min. 54 seconds read

Read


FEMA Resource for Substantially damaged homes

FAQ#: 384 published 4-25-2021 updated 12-31-2021 1 min. 27 seconds read

Read