Hurricane Irma Relief Updates

Updated 10.13.2017

While Hurricane Irma has passed, the road to recovery will be much longer for our community’s lower income residents and vulnerable populations. Missed work and business closures, extra expenses on a fixed income, and food insecurity make it that much harder to bounce back.

The compassion and generosity of the community has been on display this week, and we are going to need all hands-on deck to recover and rebuild.  Members and partners of the Coalition have been supporting local efforts, while working to reopen their own offices.  For Volunteer Opportunities:  United Way of Miami-Dade . Additional Ways to Volunteer & Support:  Radical Partners 

The Miami Foundation has also created three Irma Relief Funds where you can support local efforts and our neighbors in the Caribbean.  Organizations providing disaster relief can also add themselves to a map created by The New Tropic.

Partnerships will be key.  Just yesterday SFCDC members, Centro Campesino Farmworker Center and Catalyst Miami partnered, with support from the Irma Community Recovery Fund and other agencies. They were able to serve over 400 individuals in Florida City with food, water, and ice. Catalyst Miami has partnered with several agencies providing additional staff for volunteer efforts.  Opa-locka CDC has also connected with community partners to serve immediate community needs.

SFCDC will continue to serve as network organization promoting collaboration and connecting local, state and federal resources to where it is needed most. Below are a few additional resources that have been shared with us this week.

Assessment & Coordination 

If your organization directly serves low to moderate income individuals, please complete this brief assessment developed by Florida Alliance of CDCs, Florida Prosperity Partnership and TD Bank Community Development Team. Results from the assessment can be found here: “Irma Recovery in Florida: Assessment, Information, and Collaboration”

Nonprofit & Community Development Corporation Recovery Fund

In response, Enterprise has created the Enterprise Hurricane Community Recovery Fund to support short-term relief and longer-term recovery and rebuilding efforts following Hurricanes Harvey, Irma and Maria. The fund will mobilize work in the most heavily damaged regions of Texas, Louisiana, the Southeast and Puerto Rico.

 

Hurricane Irma Recovery Resource Links

Apply online for FEMA Assistance by visiting DisasterAssistance.gov or by phone 1-800-621-3362.  Disaster recovery centers,

Small Business & Nonprofit Assistance 

Florida Small Business Emergency Bridge Loan Program  provides a source of expedient cash flow to Florida small businesses that have been physically and/or economically impacted by Irma. Applications will be accepted through Oct. 31, 2017, contingent on the availability of funds, for small businesses with two (2) -100 employees established prior to Sept. 4, 2017, located in any of Florida’s 67 counties that have been physically and/or economically impacted by Hurricane Irma.

SBA Disaster Loan Assistance provides low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace the following items damaged or destroyed in a declared disaster: real estate, personal property, machinery and equipment, and inventory and business assets.  The deadline to file for physical damage is November 9, 2017 and economic injury is June 11, 2018.

Business Damage Assessment Survey Florida Department of Economic Opportunity (DEO) is assessing the damage caused by the storm. Small businesses that have incurred losses due to Hurricane Irma are asked to complete a Business Damage Assessment Survey. The survey will help the State Emergency Response Team determine the needs and level of assistance for impacted businesses.

US Chamber of Commerce Foundation is operating a Disaster Help Desk for businesses who would like help accessing assistance, need recovery best practices, and/or would like to offer support. The number is 1-888-MY-BIZ-HELP.

Miami-Dade Beacon Council has created a Disaster Preparedness and Recovery toolkit for businesses and a business recovery guide.

Partners for Self Employment Miami-Dade Assessment Survey – Complete PSE’s Business Damage Assessment survey on how Hurricane Irma may have affected your local business operations in Miami Dade County. This will help determine how PSE offers assistance to your business.

 

Housing Assistance

HUD Disaster Relief HUD has granted a 90-day moratorium on foreclosures and forbearance on foreclosures of Federal Housing Administration (FHA)-insured home mortgages, making mortgage insurance available up to 100%, rehabilitation loans, ability of local government flexibility reallocate existing Community Development Block Grant (CDBG) or HOME Investment Partnership (HOME) Programs and Section 108 loans to provide loan guarantees.

Florida Housing Finance Corporation – Florida Housing Finance Corporation (Florida Housing) is working with state and federal officials to provide information on disaster relief resources and information. This webpage provides available resources to assist you or those you know with recovery efforts. Florida Housing will continue to provide updates as more resources and information becomes available.

FEMA Individuals & Households Program Fact Sheet – The FEMA Individuals and Households Program (IHP) Housing Assistance helps people affected by a disaster. It provides money, up to the program maximum, for necessary housing-related expenses and serious needs that can’t be met through other means. Housing assistance under IHP includes Temporary housing, repair or replacement of existing home and semi-permanent or permanent housing construction.

Fannie Mae & Freddie Mac – Mortgage Assistance  Homeowners impacted by the recent hurricanes are you are eligible for temporarily stop making your monthly mortgage payment for up to 12 months. At the end of this temporary payment break: You won’t have late fees. • You won’t have delinquencies reported to the credit bureaus. • You won’t have to catch up on all of your payments at once. • You can work with your servicer to resume making a mortgage payment that is similar to what you paid before the disaster. Or if you need additional assistance, you can work with your servicer on options to keep your home.

Lender Assistance 

Bank of America 

BankUnited

Citi

Florida Community Bank

JP Morgan Chase Irma Relief & JPMC Waived & Reduced Fees

Regions Bank 

TD Bank

 

Legal Assistance

Community Justice Project

Florida Bar Foundation

Legal Services of Greater Miami

 

Additional Information

DisasterAssistance.gov

Disaster Unemployment Assistance

Florida Disaster Relief 

IRS Tax Relief

IrmaResponse.Org 

Miami-Dade County Emergency Information

SBA Hurricane Response Jobs

State Farm’s Neighborhood of Good

SFCDC Housing Committee Meets with Miami-Dade

August 16, 2017: SFCDC housing policy committee members met with Miami-Dade County Deputy Mayor Benford and members of Miami-Dade Public Housing and Community Development staff to discuss the County’s Infill program. Members offered suggestions  to address construction loans to small for-profit developers and non-profits; appraisal gaps and infrastructure needs that continue to present challenges to nonprofits and small for-profit developer.

SFCDC Quarterly News

Did you miss our latest newsletter? See what we have been up to  —–> HERE. Be sure to join our mailing so you don’t miss the next one or the updates in between.

The Team at SFCDC

SFCDC Celebrates National Small Business Week

April 30, 2017 – May 5, 2017 was National Small Business Week, designated by the Small Business Administration. SFCDC’s economic development committee and community partners celebrated the week and organizations that grow small businesses. On May 4, SFCDC’s economic development committee hosted a “Leaders and Lenders” panel discussion which was followed by “Conversations with TD Bank” at Venture Café Miami. The evening highlighted the important role micro and small businesses have on our local Miami-Dade economy.

 A few Tips

Technical Assistance: Support to micro and small businesses should incorporate technical assistance. Technical assistance providers can prepare businesses for conventional financing, by assessing the business and helping the owner understand areas of operations and management that need to be strengthened. The nonprofit technical assistant providers such as Partners for Self -Employment, Prospera and Tools for Change regularly schedule technical assistance training, with accessible evening hours. They also provide one-on-one assistance.

Alternative Financing: Access to capital is critical. Small and micro-enterprises need to know there are different types of capital a business can access.  For example, community development financial institutions provide alternative types of financing. Partners for Self-Employment is a Community Development Financial Institution (CDFI). There are also statewide organizations such as Neighborhood Lending Partners  that provide small business loans.

Local Initiatives: Entities such as the Miami-Dade Beacon Council are working with industry partners to create a climate in which small businesses can compete and participate in the local market more successfully. An area of focus for the Beacon Council has been trade and logistics, which is one of the County’s targeted industries. Urban Philanthropies is another local non-profit entity working to address unmet needs, including loans to small businesses and non-profits that have pending receivables from government contracts.

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Did You Know?

Miami-Dade is a community of small businesses. These  businesses provide professional services. Some are family-owned, while others are part of Miami’s start-up community.

Among Miami-Dade businesses, 80% are businesses with 4 or fewer employees.

In 2016, the Miami Metro area ranked #2 in start-up activity according to the 2016 Kauffman Index report.

In 2012, Miami-Dade was home to the second largest number of black-owned businesses in Florida and ranked  seventh among all counties in the United States. Among these businesses, 96% had no employees and the other 4% employed an average of 5.8 persons per firm.

SFCDC supports investing in micro-enterprises and small businesses by providing technical assistance and resources that assist low and moderate-income business owners. When these businesses grow, incomes grow, jobs are created, and neighborhoods thrive. Nonprofit small business developers play a vital role in making this happen. Here are a few.

79th Street Neighborhood Initiative

ACCION

ASSETS Small Business Solutions

Carrie P. Meek Entrepreneurial Education Center at Miami-Dade College

Dynamic Community Development Corporation

EcoTech Visions

FIU Small Business Development Center

Greater Miami Business Opportunity Fund/VEDC

Prospera (formerly HBIF) 

Miami Bayside Foundation,

Miami-Dade Chamber of Commerce

Partners for Self Employment

South Florida Puerto Rican Chamber of Commerce

SCORE

Our Micro Lending

Federal Housing Policy – Let Your Voice Be Heard

After the President’s proposed budget was released, several people asked – How can I get involved and what can I do to support affordable housing and community development?

Affordable housing and community development needs your support and voice, now more than ever. Critical federal resources may be significantly reduced or completely eliminated under the current proposal. The $6.2 billion (13.2% reduction) proposed cut to HUD in FY 2018 would eliminate the Community Development Block Grant (CDBG), HOME Investment Partnership (HOME), Section 4 Capacity Building for Affordable Housing and Community Development and the Self-Help Homeownership Opportunity Program. Also proposed for elimination is the Community Development Financial Institutions (CDFI) Fund as well as agencies such as NeighborWorks America, United States Interagency Council on Homelessness, and the Low Income Home Energy Assistance Program (LIHEAP).

In Miami-Dade, these cuts would further reduce the ability to develop or preserve affordable housing, assist small businesses and microenterprises, serve children and the elderly on fixed incomes, make infrastructure improvements and more. There are 7 entitlement jurisdictions that receive a direct allocation of CDBG funds from the federal government, (Miami-Dade County, Miami, Miami Beach, Miami Gardens, North Miami, Hialeah, Homestead). In the 2016 program year, their combined CDBG allocation of funding totaled over $21 million – an amount that already isn’t enough.

Behind these numbers are actual stories of people and communities being helped. These stories must be shared.

Member organization, Enterprise Community Partners, has provided suggestions and guidance on how to stay informed and take action on federal housing policy.

  1. Call, write or (meet) with your Members of Congress. See Enterprise’s blog for contact information. You can contact your federal Senators and Representatives via their contact pages as well. Not sure who your Rep is? Find your Representative here.
  2. Write a letter to your local paper or use social media to advocate for federal investments in housing and community development. Find sample articles and tweets from CHCDF.
  3. Get involved with the #CDFIsInvest Campaign. See Enterprise’s blog for more details.
  4. Join the ACTION Campaign, a coalition of over 2,000 national, state, and local organizations and businesses working to address the nation’s severe shortage of affordable rental housing by protecting, expanding and strengthening the Low-Income Housing Tax Credit.

We will keep updating this blog with more information. Please continue to voice your support for investing in affordable housing and community development.

We encourage you to join or renew your membership in SFCDC, stay connected, and meet organizations and people in other sectors that are also working to improve the quality of life for the residents of Miami-Dade. Let’s work together to save these programs and increase funding.