The U.S. Small Business Administration announced today that it will open Disaster Loan Outreach Centers (DLOC) in West Seneca on Wednesday, Jan. 7, 2015, and in Attica on Wednesday, Jan. 14, 2015. The location of the DLOCs will make it convenient for those affected by the severe winter storm that occurred Nov. 19 – 26, 2014 to apply for disaster loan assistance.

The declaration covers Erie County and the adjacent counties of Cattaraugus, Chautauqua, Genesee, Niagara, and Wyoming in New York.


Low-interest federal disaster loans are available to California residents and business owners affected by the severe storms and flooding that occurred December 11‑12, 2014, U. S. Small Business Administration (SBA) Administrator Maria Contreras-Sweet announced today. SBA acted under its own authority to declare a disaster in response to a request SBA received from Gov. Edmund G. Brown Jr.’s designated representative, Mark S. Ghilarducci, Director of the Governor’s Office of Emergency Services, on December 24.

The disaster declaration makes SBA assistance available in San Mateo County and in the neighboring counties of Alameda, San Francisco, Santa Clara and Santa Cruz.

“Low-interest federal disaster loans are available to homeowners, renters, businesses of all sizes and private nonprofit organizations whose property was damaged or destroyed by this disaster,” said SBA’s San Francisco District Director Mark Quinn. “Beginning Monday, January 5, SBA representatives will be on hand at the following Disaster Loan Outreach Center to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application,” Quinn continued.


Small, nonfarm businesses in the Arkansas counties of Crittenden, Cross, Lee, Monroe, Saint Francis and Woodruff are now eligible to apply for low‑interest federal disaster loans from the U. S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the hail in Saint Francis County that occurred October 2, 2014, announced Tanya N. Garfield, Director of SBA’s Disaster Field Operations Center ‑ West.


Small, nonfarm businesses in five Iowa counties and neighboring counties in Nebraska are now eligible to apply for low‑interest federal disaster loans from the U. S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the freeze in the following primary county that occurred on May 16, 2014, announced Tanya N. Garfield, Director of SBA’s Disaster Field Operations Center - West.

Primary Iowa County: Harrison;
Neighboring Iowa counties: Crawford, Monona, Pottawattamie and Shelby;
Neighboring Nebraska counties: Burt and Washington.

“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said.

Small, nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.

“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4 percent for businesses and 2.625 percent for private nonprofit organizations, a maximum term of 30 years, and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said.

By law, SBA makes EIDLs available when the U. S. Secretary of Agriculture designates an agricultural disaster. Secretary Tom Vilsack declared this disaster on December 24, 2014.

Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency (FSA) about the U. S. Department of Agriculture (USDA) assistance made available by the Secretary’s declaration.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure Web site at



The City of Fremont (City) is announcing a Notice of Funding Availability
(NOFA) for the creation of affordable rental housing in Fremont.

Approximately $8.0 million in funding is available to support predevelopment, acquisition and construction or rehabilitation of affordable housing.  The funding is intended to fill the financing gap between a project’s total development cost and other available financing sources.

The funding available through this NOFA is for capital costs only; no financing is available to fund operating subsidies or supportive services. It should be noted that if additional housing funds become available to the City during the NOFA evaluation process, the amount awarded through this NOFA may also increase.
Qualified affordable housing developers that can meet the NOFA requirements
and demonstrate their ability to finance, design, build/rehabilitate and manage affordable housing are encouraged to submit proposals. All proposals must be received by February 13, 2015.  Applications submitted after the deadline will not be considered. Funding will be awarded by the City on a competitive basis to the project or projects that provide the best opportunity to address the City’s affordable housing needs.

The City reserves the right to request that Applicants submit additional information as may be requested by staff to clarify submitted information. Also, the City reserves the right to reject any and all proposals for any reason, and at its sole discretion.

Click here for more information.


SACRAMENTO, CA-Low-interest federal disaster loans are now available to certain private, nonprofit organizations (PNPs) in California, following President Obama’s federal disaster declaration for Public Assistance as a result of an earthquake during the period of August 24 – September 7, 2014, announced Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration (SBA). PNPs that provide essential services of a governmental nature are eligible for assistance.

SBA disaster assistance is now available in the counties of Napa and Solano.

“PNP organizations should contact Peter Crase with the California Emergency Management Agency at (916) 845-8203 to obtain information about applicant briefings,” said Tanya N. Garfield, Director of SBA’s Disaster Field Operations Center-West.  “At the briefings, PNP representatives will need to provide information about their organization,” continued Garfield.  FEMA will use that information to determine if the PNP provides an “essential governmental service” and is a “critical facility” as defined by law.  If so, FEMA may provide the PNP with a Public Assistance grant for their eligible costs.  If not, FEMA may refer the PNP to SBA for disaster loan assistance.

SBA may lend PNPs up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  SBA can also lend additional funds to help with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.

For certain private, nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDLs may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact.  EIDL assistance is available regardless of whether the nonprofit suffered any property damage.

The interest rate is 2.625% with terms up to 30 years.  The filing deadline to return applications for property damage is November 10, 2014.  The deadline to return economic injury applications is June 11, 2015.

SACRAMENTO, CA – The California Housing Finance Agency announced a major program expansion to help more low to moderate income California families purchase homes.

CalHFA will remove the first-time home buyer requirement on its first mortgage programs to allow more California home buyers to take advantage of the benefits of CalHFA’s affordable financing.

“CalHFA’s mortgage loans will now provide more low to moderate income families across the state with affordable opportunities to purchase homes with fixed-rate mortgages and down payment assistance programs,” said CalHFA Executive Director Claudia Cappio.

California’s homeownership rate stands at about 54.5 percent as of the end of the first quarter of this year, according to U.S. Census estimates, a full 10 percentage points below the national homeownership rate. California’s rate dropped from more than 60 percent before the Great Recession.

Studies also show that homeownership is linked to stronger neighborhoods, better educational achievement, civic participation and healthier outcomes. CalHFA’s lending programs provide unique opportunities for families to purchase homes, including:

  • Offering a first mortgage for 97 percent of the value of the home, combined with a 3 percent built-in down payment second.
  • Access to no interest and low-interest down payment assistance loans that don’t have to be repaid until the home is sold, refinanced or the mortgage is paid off.
  • Combining with other CalHFA programs, including an energy efficiency grant for energy upgrades and federal tax credits that can reduce potential federal income tax liability.

All CalHFA lending programs require homebuyer education for future homeowners.   Borrowers must also meet income and sales price limits that vary by county.

“As we mark National Homeownership Month, CalHFA remains committed to helping Californians purchase affordable homes,” Cappio said. “Homeownership is a cornerstone for our communities and economy. With these new efforts, CalHFA is working to remove obstacles that prevent Californians from becoming homeowners.”

For nearly 40 years, CalHFA, a self-supported State agency that doesn’t rely on taxpayer dollars, has supported the needs of renters and homeowners by creating and financing progressive housing solutions so more Californians have a place to call home.