What is the Supplemental Appropriation?

What is the Supplemental Appropriation?
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What is the Supplemental Appropriation? Supplemental Appropriation for Hurricanes Helene and Milton and Hawaii Wildfires (SAHM) Provided through the American Relief Act (ARA) signed into law December 21, 2024. Provides 844 million to

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What is the Supplemental Appropriation? Supplemental Appropriation for Hurricanes Helene and Milton and Hawai’i Wildfires (SAHM)
Provided through the American Relief Act (ARA) signed into law December 21, 2024.
Provides $844 million to Florida’s Drinking Water State Revolving Fund (DWSRF).
Minimum of 30% as principal forgiveness (additional subsidy).
Build America, Buy America does not apply.
American Iron and Steel, Davis-Bacon Act, and EPA Signage apply.<br>
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DWSRF SAHM Exceptions To successfully implement the SAHM Capitalization Grant, DWSRF, in accordance with Chapter 62-552.300(8), Florida Administrative Code (F.A.C.), made exceptions to the following rules:
62-552.300(1)(b) – readiness-to-proceed criteria for the documentation to be timely submitted to compete for funding at a project priority list meeting.
62-552.300(1)(d) – readiness-to-proceed deadline for the submittal and response to Department comments of documentation to appear on the project priority list.
62-552.300(2) – The procedures and eligibility for loans with principal forgiveness.
62-552.300(6) – The formulaic calculation of interest rate, except the minimum rate is 0%.
62-552.500 – The principal forgiveness calculation, except the principal forgiveness cannot exceed 100%.<br>
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DWSRF Eligible Sponsors An eligible entity is any otherwise DWSRF-eligible entity that was damaged, demonstrates impact, or had a loss or disruption of a mission-essential function, including loss of function where there was potential impact to public health, caused by the listed natural disasters.

Eligible entities under 62-552, Florida Administrative Code are:
Counties
Municipalities
Special districts
Private non-profit facilities<br>