Many have been effected by this year’s major hurricane and are in search of resources to help them get back on their feet. Sometimes it can be hard to know where to begin when looking for help. Luckily, we have some links to give you the help you need to get your homes and business back together. Here are some resources you might be interested in:
For Small Businesses
Here are some tips and resources to get your business back up and running.
FEMA, What to do if Your Business or Farm was Damaged: https://www.fema.gov/what-do-if-your-business-or-farm-was-damaged
Small businesses Hurricane Harvey relief fund: https://www.click2houston.com/news/houston-flood/small-businesses-hurricane-harvey-relief-fund
Locally started funds
Here are some locally created funds to help hurricane victims rebuild their homes and business after the storm.
JJ Watt: https://www.youcaring.com/victimsofhurricaneharvey-915053
Mayor of Houston: https://ghcf.org/hurricane-relief/
How Flood Victims Can Get Financial Help: https://www.consumerreports.org/flood-insurance/what-to-know-before-you-file-a-flood-insurance-claim/
Church Based Organizations
If you or someone you know is looking for work crews or donations, checking out a church organization might be right for you.
Interfaith of the Woodlands: http://woodlandsinterfaith.org/
Northwest Assistant Ministries: http://namonline.org/hurricane-relief-emergency-resources/
Mormon Helping Hands: https://mormonhub.com/blog/buzz/lds-news/helping-hands-hotline-number-harvey/
Christ United Methodist Church: http://www.christ-umc.org/hurricane-harvey-relief/
The Lakeway Church: http://lakewaychurch.org/harveyrelief/
Rethink Life Church: http://rethinklife.com/relief/
Genesis Community Church: http://genesiscommunity.church/harvey/
Westgate Church of Christ: http://westgatecoc.church/project-harvey-relief/
For those of you who might struggle buying or finding food in these hard times, here are some food banks to help you out.
Houston Food Bank: http://www.houstonfoodbank.org/donate/
Montgomery County Food Bank: http://mcfoodbank.org/
Food Bank of Corpus Christi: http://www.foodbankcc.com/
Animal Rescue Groups
Any fury critters lost after the hurricane? Need a ferret removed from your shed? These groups have got you covered.
Houston SPCA: http://www.houstonspca.org/?referrer=https://www.google.com/
Operation Pets Alive: http://www.operationpetsalive.org/donate.php
Best Friends: https://bestfriends.org/hurricaneharvey
If your needs don’t fit the groups above then we have some here that are supplying different services that might fit better.
Coalition for the Homeless: http://www.homelesshouston.org/
Texas Diaper Bank: https://texasdiaperbank.networkforgood.com/projects/33717-change-a-life
Disaster Assistance, disaster help and resources: https://www.disasterassistance.gov/
DISASTER RELIEF FOR FINANCIAL ASSISTANCE
– Disaster loan are available and rates range from 3.3% to 6.6% up to $2,000,000 for businesses with terms of up to 30 years. However, the law restricts businesses with credit available elsewhere options (the ability to get credit through banks, etc.), to a maximum 7-year term. Application Filing Deadlines are : Physical Damage: October 24, 2017 and Economic Injury: May 25, 2018. Funding decisions will be made within 2 to 3 weeks.
– SBA loans are through the SBA directly, not banks.
– SBA will help with uninsured losses, meaning, only uninsured or otherwise uncompensated disaster losses are eligible. Any insurance proceeds which are required to be applied against outstanding mortgages are not available to fund disaster repairs and do not reduce loan eligibility. However, any insurance proceeds voluntarily applied to any outstanding mortgages do reduce loan eligibility.
To start the process you should follow the process below.
Businesses need to apply for a FEMA number first. There are several ways to accomplish this:
- internet website: www.fema.gov
- iphone app: download the FEMA application for free, one downloaded click on “Disaster Resources” tab, you will see the “Apply for Assistance Online”…it will take you step by step
- FEMA helpline: 1-800-621-FEMA (1-800-621-3362)
Questions from borrowers about SBA disaster assistance may be directed to the SBA’s Disaster Customer Service Center at 1-800-659-2955, or by e-mail at email@example.com.
Here is the link for the Disaster Loan Assistance: https://disasterloan.sba.gov/ela You can apply online.
Also for the specific disaster declaration details, here is the link: https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=1008079&members=false It also has the Fact Sheet along with the disaster declarations and amendment declarations.
Hope you found this helpful and that you are safe and dry. Best wishes sent from Ben R Shull CPA LLC.
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Ben R Shull CPA LLC provides clients with tax, transaction, and advisory services. The insights and quality services we deliver help lead our clients through the next generation of changes, and accelerate growth while reducing risk. CPA Katy, TX.