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Use of CDBG-DR funding cannot duplicate funding available from any other source. Disaster <br />Recovery assistance may be provided by many sources. Examples of those sources are: <br /> <br />FEMA <br />Insurance (ex: homeowners insurance, NFIP insurance) <br />Small Business Administration <br />Blanco River Regional Recovery Team (BR3T) <br />Social Service Agencies (Red Cross, United Way, Community Action, Southside Community <br />Center orother) <br />Religious Organizations <br /> <br />A duplication of benefits (DOB) occurs when a household, person, or entity receives recovery <br />assistance from multiple sources and the total amount of that assistance received adds up to <br />greater than the need for that assistance type. In order to avoid that duplication of benefit, the <br />Federal Register has provided guidance on the best way to calculate unmet need for applicants of <br />the CDBG-DR funding: <br /> <br />1.Assess Need <br />Ex: How much will it cost to rehabilitate the damaged home, assist the business that suffered <br />economic damage or repair needed infrastructure? <br /> <br />2.Identify All Available Assistance <br />Calculatetotalassistanceavailabletocoverthedamagee.g.,insuranceproceeds,FEMAaward,SBA <br />loans, other Federal, State or Local sources, private loan, line of credit, etc. This calculation should <br />include what has been received to date by each funding source <br /> <br />3.Calculate Award <br /> <br />Total All Assistance Received$35,000 <br />Total Assistance Determined to beDuplicative$30,000 <br />Maximum Eligible Award (Item 1 less Item 3)$70,000 <br /> <br />It is important to note, funds awarded by any source must have been spent as they were intended. <br />That means, for example, that if FEMA awarded a recipient $10,000 for home repair but the <br />recipient spent the $10,000 on personal belongings or on replacing a vehicle, CDBG-DR funds in <br />the amount of $10,000 must be backed out on the final award because utilizing those funds to <br />conduct repairs would be duplicating the funding that FEMA had alreadyprovided. <br /> <br />ir or replacement program; each applicant will <br />be required to provide documentation to support how they have spent the funds that they have <br />received to date. It is important to hold on to receipts or to begin to collect those now. <br /> <br /> <br /> <br />59 <br /> <br />