Federal Aid Programs for the State of Oklahoma

Following is a summary of key federal disaster aid programs that can be made available as needed and warranted under President Donald J. Trump's disaster declaration issued for the state of Oklahoma.Assistance for State, Tribal, and Affected Local Governments Can Include as Required:Payment of not less than 75 percent of the eligible costs for debris removal and emergency protective measures taken to save lives and protect property and public health.  Emergency protective measures assistance is available to state, tribal, and eligible local governments on a cost-sharing basis. (Source: FEMA funded, state...
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President Donald J. Trump Approves Major Disaster Declaration for Oklahoma

WASHINGTON, D.C. – The Federal Emergency Management Agency (FEMA) announced today that federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal, and local recovery efforts in the areas affected by severe storms, tornadoes, straight-line winds, and flooding from May 16, 2017 to May 20, 2017.Federal funding is available to state, tribal, and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work, and the repair or replacement of facilities damaged by severe storms, tornadoes, straight-line winds, and flooding in...
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SBA Key to Individual and Business Disaster Recovery in Arkansas

LITTLE ROCK, Ark. – The U.S. Small Business Administration is the largest source of federal recovery funds for disaster survivors and businesses, including those affected in the severe storms, tornadoes, straight-line winds and flooding between April 26 and May 19.Low-interest disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair...
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An Additional $9 Million Helps Governments, Schools with Flood Recovery

BATON ROUGE, La. — More than $9 million in recent federal funding will assist Louisiana public services and schools recover from the August 2016 floods.The funding reimburses them for disaster-related costs. Below are some examples:• The City of Baton Rouge has been approved for $2.9 million to replace 92 police vehicles. The amount includes extra equipment in the vehicles.• The City of Denham Springs has been approved for $1.5 million to help repair gas utility equipment.So far, about $90 million has been approved for education. The recent funding includes two schools:• Glen Oaks High...
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Disaster Assistance Isn’t Taxable and Won’t Affect Social Security

LITTLE ROCK, Ark. – Arkansas disaster survivors receiving Social Security or other government state or federal aid have no cause for concern that disaster assistance might affect their benefits.Internal Revenue Service rules say qualified disaster relief payments are not counted as income as long as the reimbursed expense is not also paid by insurance or other reimbursement.According to the IRS, qualified disaster relief payments include payments received for the following;Reasonable and necessary personal, family, living, or funeral expenses incurred as a result of a presidentially declared disaster. These may include medical,...
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