Federal Emergency Management Agency approves more than $140 mln in assistance to Puerto Rico
OREANDA-NEWS. The Federal Emergency Management Agency (FEMA) approved more than $44 million for assistance to individuals and more than $96 million for emergency work in response to hurricanes Irma and Maria.
FEMA continues to take registrations from residents of Puerto Rico who incurred damages to their homes and personal property as a result of hurricanes Irma and Maria.
FEMA awarded the Puerto Rico Electric and Power Authority (PREPA) $54.6 million for emergency work.
PREPA is an autonomous agency of the Government of Puerto Rico that produces and distributes electricity to more than 1.5 million customers and is a not-for-profit public corporation. During the incident period that began on September 17, strong winds, storms, floods, debris and fallen trees associated with Hurricane Maria caused severe damages and the collapse of the electrical power system throughout Puerto Rico.
These funds are in addition to the more than $41.6 million awarded for other emergency work.
FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.
The SBA is the federal government’s primary source of money for the long-term rebuilding of disaster-damaged property. SBA helps businesses of all sizes, private non-profit organizations, homeowners and renters, which can cover the cost of replacing lost or disaster-damaged real estate and personal property. These disaster loans cover losses not fully compensated by insurance or other recoveries and do not duplicate benefits of other agencies or organizations.