FEMA's Community Disaster Loan Program: History, Analysis, and Issues for Congress
Summary
This report compares and analyzes three different categories of loans issued in different time periods in the program's history: "traditional" loans issued between 1974 and 2005, in 2007, and between 2009 and 2011 (TCDLs); "special" (SCDLs) loans issued in 2005-2006 following Hurricanes Katrina and Rita; and loans issued under unique provisions in 2008 (2008 CDLs).
Note: CRS reports are prepared for Members of Congress and their staffs. This summary is provided for informational purposes and does not constitute legal advice.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.