By the Enterprise New York Team
Updated November 27th
Affordable housing providers affected by the Hurricane are encouraged to apply to the Enterprise Partner Support & Rebuilding Fund for grants and working capital.
Many other organizations have also launched programs to help the affected communities and residents get back on their feet. We've compiled a partial list (after the jump). If you know of additional resources, please let us and your fellow readers know in the comments.
NYC Housing and Community Recovery Program
The NYC Nonprofit Recovery Loan Program will include the following criteria: Priority will be given to those nonprofit organizations that have suffered the most severe losses and/or are operating in the worst affected areas. The loans will be made against expected claims to be filed with the nonprofit’s own insurance company and with FEMA, as well as against committed government contracts and grants, and foundation/corporate grants.
Loans may be used to cover both operating and capital costs that appear to qualify
- Loans will be in the range of $5,000 to $100,000.
- Anticipated repayment will be within eight to 15 months.
- Loans will be interest-free.
- There will be no origination fee.
Hurricane Sandy Response 1-4 Emergency Repair Loan Program & Hurricane Sandy Response 1-4 Repair Loan Program
Neighborhood Housing Services of New York City Inc. is offering the Hurricane Sandy Response 1-4 Emergency Repair Loan Program and the Hurricane Sandy Response 1-4 Repair Loan Program to owners of 1-4 family in the five boroughs of New York City for essential repair needs. A limited number of matching grants of up to $15,000 or 50% of the home’s repair cost are available for persons at 100% of median income (4 person-maximum household income $81,800).
Brooklyn Recovery Fund
The Brooklyn Recovery Fund is a joint effort between the Brooklyn Community Foundation, the Office of the Brooklyn Borough President, and the Brooklyn Chamber of Commerce to create a pooled fund to provide support to Brooklyn’s nonprofit organizations working with the communities and individuals most affected by Super Storm Sandy. The Fund has already raised nearly $1 million.
Low Income Investment Fund
In the wake of the storm, LIIF is committing $1 million to ensure that those hardest hit by the storm have access to food and much needed services. LIIF is providing deeply subsidized loans and grants to grocery stores and social service nonprofit clients that operate in areas of high need, such as the Rockaways, Coney Island and Staten Island. These organizations can use the funds for inventory, facilities repair and working capital so they can reestablish themselves in their local communities.
LISC Emergency Relief Fund
LISC launched the LISC Emergency Relief Fund to bring help to people in low-income neighborhoods that were affected by Hurricane Sandy.
The LISC Emergency Relief Fund will achieve two main objectives: It will connect hurricane victims to government agencies and other emergency resources. LISC and its partners will send out teams to register residents with emergency response groups and then follow up to make sure they get the help they are due. It will help to assess and finance emergency repairs for housing. This will enable residents to remain in or return quickly to their homes, increasing the stock of livable housing in the affected neighborhoods.
The United Way Hurricane Sandy Recovery Fund
The United Way Hurricane Sandy Recovery Fund was established to address the near and long-term recovery needs of communities hit hardest by Hurricane Sandy’s devastation. Contributions to the Fund will be used by local United Ways in Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, Washington, DC and West Virginia to address hurricane recovery needs in communities that FEMA has declared disaster areas.
The New York Women’s Foundation Hurricane Sandy Response and Recovery Fund
The New York Women’s Foundation will commit up to $1 million over the next 4 years as needed to provide both immediate and long term financial support to current and former grantee partners so they can restore, enhance and sustain their capacity to work with women and families towards stability and safety in those communities hardest hit by Hurricane Sandy in NYC.
Asian American for Equality (AAFE) Small Business and Homeowner Loan Programs
In response to Hurricane Sandy, Asian Americans for Equality (AAFE) have initiated two emergency loan programs to help homeowners and small businesses throughout the five Boroughs.
Korean American Community Foundation (KACF)
KACF established the Hurricane Sandy Relief Fund and designated a minimum of $100,000 to support nonprofit organizations that are spearheading relief efforts and/or are affected by the storm.
Center for Disaster Philanthropy Hurricane Sandy Fund
The Center for Disaster Philanthropy established the CDP Hurricane Sandy Disaster Fund to help maximize the impact of philanthropic support. Its program board and staff will recommend the allocation of funds for both immediate and longer-term recovery efforts that may arise from Hurricane Sandy. These resources will be directed strategically and efficiently to help communities recover more quickly and become more resilient.
Community Foundation of New Jersey
The Hurricane Sandy Recovery and Rebuild Fund is a joint effort between local and national foundations, New Jersey corporations and individuals to provide support to New Jersey’s communities and nonprofit organizations that are affected by or responding to Hurricane Sandy. The Fund seeks to address the intermediate and long-term impacts of this natural disaster, serving as a flexible source of financial support to local organizations and communities as they lead and participate in rebuilding efforts throughout the state over the coming months and years.
The Disability Funders Network Rapid Response Fund
This fund is being activated to help nonprofit organizations meet the immediate and long-term needs of people with disabilities in Northeastern regions impacted by Hurricane Sandy. The DFN Rapid Response Fund will offer mini-grants to 501(c)(3) nonprofit organizations to meet specific needs such as transportation, shelter, medication, medical equipment and assistive technology for people with disabilities. Grants from the DFN Rapid Response Fund will be disbursed directly to 501(c)(3) nonprofit organizations with the capacity to affect the greatest need among hurricane victims and/or evacuees with disabilities. Initially, grants from the fund will focus on immediate needs of people with disabilities. Eventually, awards will be made to address long-term needs as well.