ALBANY, N.Y. -- More than $50 million in Federal Emergency Management Agency (FEMA) individual assistance (IA), U.S. Small Business Administration (SBA) loans, and FEMA public assistance (PA) funding as been approved for 14 New York counties that sustained damage during the April 14 - 18 nor'easter.
Seven counties were declared for individual assistance (IA), while 13 counties were declared for public assistance (PA). The IA program provides disaster grants, along with SBA low-interest loans for homeowners and renters. Business owners may qualify for SBA low-interest loans only.
The PA program reimburses eligible state agencies, municipalities, and certain private non-profit organizations for the cost of emergency protective measures and debris removal, and for repairs to roads and bridges, water control facilities, buildings and equipment, utilities, parks, recreational facilities and other items.
The following is a summary of funding to date:
- More than $10.5 million has been approved for 4,908 households through the FEMA Housing Program (HA).
- More than $1 million has been approved for 976 households under the FEMA/State Other Needs Assistance Program (ONA).
- The SBA approved $31 million in low-interest disaster loans for 707 homeowners, renters and business owners.
- More than $7 million has been approved for public assistance (PA) funding.
- More than 48% of the PA funding is for the repair of roads and bridges.
- Nearly 30% of the PA funding is for reimbursement for emergency protective measures during the disaster.
FEMA coordinates the federal government's role in preparing for, preventing, mitigating the effects of, responding to, and recovering from all domestic disasters, whether natural or man-made, including acts of terror.