Renter's or Homeowner's Declaration required by the CDC to prevent evictions before Dec. 31, 2020 or if extended the new date.
- Question 261
Deferment Calculations were not always based on square footage of home.
If you have requested a deferment to reduce your Grant Recapture, Homeowner Responsibility or Escrow amount your deferment may have been calculated incorrectly according to Scope Deferment Policy updates June 6, 2019.
If you are in Reconstruction your sqft of your old home will be used with 8' ceilings if your old home was not inspected and documented by FEMA, HUD or NFIP Insurance adjusters.
Spreadsheet Tool: If you can use a XSLX spreadsheet a download link will be available in a few days to check the calculations of your states HUD CDBG-DR programs.
Web App: Online app will be available to check calculations for your deferments soon.
Deferments are approved and supported by many states and allowed by HUD for CDBG-DR program managers to reduce the upfront costs to participate in the federal disaster recovery grant programs. Deferments assist homeowners with other agencies grant "Recapture" requirements when their is a duplication of grant money issued (Duplication of Benefits or DOB). State agencies will attempt to reduce to Zero the Recapture amount also known as Homeowners Responsibility and Escrow if possible.
"Providing resource supported answers."
* Your IP address 126.96.36.199 will be saved with your question and used only to prevent spam.
** Please be sure to include your email address and your name if you would like your question answered.
You spend countless hours researching disaster recovery for the citizens of your state. You research your state leadership and it's workforce on all matters associated with disaster recovery. You make it your concern to help others by providing much needed information. You take all disaster recovery issues facing homeowners today and make them your Matters Under Review. If this sounds like you, visit Matters Under Review (MUR) for more information.
We have completed our Geotechnical soil analysis and have 3D home design plans completed. Now we need...