Research found Deferment Calculations were not always based on square footage of home.

Published 9-13-2019 search group Deferment

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.

 

Thank you for reading. Use the message form below to send your Comment, Suggestion, Feedback, Opinion and Content Request.

No inspection from FEMA? Registered and reported Minor Damage but able to live in my home? Only Remote Telephone Inspection? Home Repair Funds less than actual repairs?

#454 published 12-27-2022 updated 3-4-2023 1 min. 9 seconds read, search group Inspection.

Continue Reading


If your manufactured home was damaged or developed unhealthy living conditions after a declared disaster due to the disaster can I receive a grant to replace my mobile home?

#443 published 1-23-2023 updated 3-4-2023 1 min. 26 seconds read, search group Manufactured Home.

Continue Reading


Restore Louisiana Homeowner Assistance Program will provide assistance to homeowners who need to demolish and reconstruct their disaster damaged home.

#449 published 1-14-2023 26 seconds read, search group Damage.

Continue Reading


How to use our Research Based Learning pages to better understand a subject, to collect the missing pieces of the puzzle, to start a research project or to close out your research project. Resources published here are parts or segments of..

#1 published 12-30-2018 updated 12-12-2020 1 min. 55 seconds read, search group HowToResearch.

Continue Reading


INTERNSHIP OPPORTUNITY: NON-PAID OVERWORKED NONPARTISAN

#241 published 4-23-2020 1 min. 9 seconds read, search group PSA.

Continue Reading


SBA Updates data processed from research between 11-2019 and 12-2019

#183 published 1-18-2020 3 min. 25 seconds read, search group SBALoans.

Continue Reading


CDBG DR Award calculation letter determination on the eligibility of your grant.

#182 published 12-26-2019 2 min. 42 seconds read, search group GrantAwardLetter.

Continue Reading


State of Louisiana Restore LA Program managed by the OCD-DRU says it will not pay interest on SBA loans.

#181 published 12-15-2019 2 min. 40 seconds read, search group HUDGuidance.

Continue Reading


Understanding your SBA Phase and following the HUD disbursements of funds to pay off or pay down your SBA loan

#180 published 12-10-2019 3 min. 34 seconds read, search group SBA.

Continue Reading


Questions for Congressman Graves Live Facebook event 12-5-2019

#179 published 12-5-2019 4 min. 24 seconds read, search group Transparency.

Continue Reading