Search Results for keywords:"disaster recovery"

The Department of Housing and Urban Development (HUD) has announced the allocation of $85,291,000 in Community Development Block Grant disaster recovery funds to aid in long-term recovery efforts from major disasters that occurred in 2018 and 2019. This funding builds on previous allocations and includes provisions for additional activities, such as mitigation efforts for 2018 disasters. The notice also provides guidance on using these funds, including the need for an action plan detailing fund usage. Special waivers and alternative requirements are outlined to assist affected areas, particularly the Commonwealth of Puerto Rico, in their recovery and planning.

The Department of Housing and Urban Development (HUD) has announced a total of $12.07 billion in funding through the Community Development Block Grant-Disaster Recovery (CDBG-DR) program. This funding is aimed at aiding areas significantly affected by disasters in 2023 and 2024, with specific allocations for housing recovery, infrastructure restoration, and economic revitalization. Eligible entities, including certain counties and cities, must use the majority of these funds to address unmet disaster needs and can apply for additional waivers if needed. The funds are available until fully used, and grantees have up to six years to disburse them properly.

The Federal Emergency Management Agency (FEMA) issued a notice to update a major disaster declaration for Virginia, originally declared on April 2, 2020. This amendment, effective January 20, 2021, names Janice P. Barlow as the new Federal Coordinating Officer, replacing MaryAnn Tierney. FEMA provides various forms of federal assistance and services following the disaster, including loans, counseling, and housing aid. This notice ensures continued federal support and coordination for the affected communities in Virginia.

The Department of Housing and Urban Development (HUD) is allocating over $186 million in Community Development Block Grant Mitigation (CDBG-MIT) funds to grantees affected by 2018 disasters. This funding, authorized by the Additional Supplemental Appropriations for Disaster Relief Act of 2019, is meant for mitigation activities that increase resilience and reduce risks from future disasters in most impacted and distressed areas. Grantees must submit action plans detailing the use of these funds, which must focus on identified risk areas and can be leveraged through partnerships and coordination with other federal programs. HUD will provide technical assistance to smaller grantees to enhance the effectiveness of these mitigation efforts.

The Farm Service Agency (FSA) is asking for public comments on changes to the information they collect for two programs: the Emergency Conservation Program (ECP) and the Biomass Crop Assistance Program (BCAP). These programs support farmers with disaster recovery efforts and assist with biomass production. The agency is interested in feedback on the necessity, accuracy, and impact of this data collection. Comments are due by April 13, 2021.

The Cboe Exchange, Inc. has proposed a rule change, now immediately effective, to amend Rule 5.24, which deals with business continuity and disaster recovery plans. The change is primarily aimed at ensuring the exchange can transition smoothly to an all-electronic trading environment if their physical trading floor becomes inoperable, like during the COVID-19 pandemic. By extending the temporary rules to June 30, 2021, the Cboe Exchange hopes to maintain a fair and orderly market during such disruptions. The rule also allows for the potential use of a virtual trading floor if the physical one becomes unusable, ensuring continuity in trading practices.

The Federal Emergency Management Agency (FEMA), under the Department of Homeland Security, has released the finalized Version 5.0 of the Public Assistance Program and Policy Guide. This guide is designed to simplify the process of determining eligibility for the Public Assistance Program by consolidating policies and incorporating external FEMA resources. It emphasizes reducing paperwork and supports the rebuilding of disaster-hit communities with cost-effective hazard mitigation measures. Version 5.0 will be applicable to incidents declared on or after January 6, 2025, and is accessible online through FEMA’s site and the regulations.gov website.

The Federal Emergency Management Agency (FEMA) has updated the disaster declaration notice for West Virginia, originally issued on April 3, 2020. This amendment changes the coordinator for this disaster, appointing Janice P. Barlow as the new Federal Coordinating Officer, replacing MaryAnn Tierney. The notice also lists several federal assistance programs and grants that are available for disaster recovery efforts. This change became effective on January 20, 2021.

The Securities and Exchange Commission has issued a notice about a proposed rule change by Nasdaq PHLX LLC. The change allows for a "Virtual Trading Crowd" to operate when their physical trading floor is unavailable. This proposal, influenced by COVID-19, aims to ensure that trading can continue in a virtual environment similar to in-person open outcry trading. It includes measures for communication and security to maintain the integrity and smooth operation of the trading system.

The U.S. Coast Guard has submitted a request to the Office of Management and Budget (OMB) for approval to continue collecting information for the Marine Transportation System Recovery. This information helps assess the status of ports and facilities following disruptions, such as natural disasters. The request for comments is open until March 29, 2021. The Coast Guard uses this data to devise recovery strategies to protect and repair essential infrastructure.