Hurricane Sandy Mount Loretto

© 2012 Save Big Bread LLC. All rights reserved.

Rebates save homes and families

February 7, 2013 Tony Maull 703-722-9122 x 1 [email protected]

We’re Here to Help


Tony Maull - Presenter

President and co-founder SaveBigBread.com

Former Ernst & Young Clean Technology Leader

VP at Experian (Data and Analytics Division)

Software and Technology Investment Banker

www.linkedin.com/in/maull/


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Presentation agenda 1.  Whole house grants, rebates and loans

1.  FEMA Individual & Households Program 2.  SBA Disaster Loans 3.  NYSERDA Home Performance

2.  Individual product rebates 1.  Manufacturer + Utility 2.  Federal Tax Credits

3.  Community Block Grants 1.  $16 billion in Federal aid


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Response to aid “I was surprised at the response I got from FEMA that the only help for the middle class is to apply for loan, then if u are denied then u can come back to FEMA. It looks like if u are living a clean life there is no help for u. I wish they considered the so call middle class that are living from paycheck to paycheck.” http://www.facebook.com/HurricaneSandyRestore


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A homeowner speaks

“Toms River NJ – buying lumber out of pocket and waiting for checks to really start.” http://www.facebook.com/HurricaneSandyRestore


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Whole home sources of cash Richmond County Avg. home value $456,000

Homeowner’s Insurance

Is the coverage for replacement or depreciated value? Do you know your flood coverage?


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2013 limit $31,900 Restore to minimum standards determined by FEMA.

FEMA IHP


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$200,000 limit for homeowners. Requires collateral and income verification.

FEMA IHP

SBA Disaster Loan


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1.  10% cashback up to $3,000.

2.  3.99% loans up to $25,000.

3.  50% grant up to $5,000 for a family of four with household income up to $65,000.

FEMA IHP

SBA Disaster Loan

NYSERDA Home Performance


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Manufacturer + Utility rebates

1.  Consolidated Edison 1.  Air conditioning $600* 2.  Air sealing $300* 3.  Boiler $1,000* 4.  Furnace $600* 5.  Refrigerator $100*

2.  National Grid 1.  Boilers $1,000* 2.  Furnace $600* 3.  Water Heater (indirect) $300*

*check your SaveBigBread account for rebate details.


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How does this work? Combined HVAC rebates

Manufacturer rebate $1,100

ConEd Air Condition rebate 600

ConEd Furnace rebate 600

US Tax Credit Air Condition 300

US Tax Credit Furnace 150

Total Rebates $2,750


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New York Community Grants

•  HUD allocations-Sandy funds

•  New York City $1.77 billion

•  State of New York $1.71 billion


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Single Family Rehabilitation

•  $350 million (NYC Program) •  9,300 homeowners

•  Moderate/middle income •  1,000 homes destroyed •  8,300 homes damaged


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Multi-Family Rehabilitation

•  $250 million (NYC Program) •  12,970 homeowners

•  Low/moderate/middle income •  Grants •  Low interest loans


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Home buy back

•  $400 million (NY State Program) •  1,000 homeowners

•  Significant damage •  Pre-storm values


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NYC program calendar

•  Ready to take applications •  Mid April, 2013

•  Distribute funds •  May through June, 2013


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We need to do this!

Register on SaveBigBread •  http:Sandy.SaveBigBread.com •  Check boxes on categories •  Policy makers can see areas of

need


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We need to do this!

“Grants not Loans” Petition •  Petition for grants versus loans

•  305,000 homes damaged •  Buyback is very limited •  http://bit.ly/Grantsnotloans


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We need to do this! Share ideas on the community site

•  https://getsatisfaction.com/savebigbread

•  Post questions and get answers regarding rebate availability.


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My next steps 1. Links

1. Seminar video 2. Seminar slides

1. http://www.slideshare.net/tonymaull92/hurricane-sandy-mount-loretto

3. Community site 1. https://getsatisfaction.com/

savebigbread


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My next steps

1. Additional questions 1.  Income definitions 2. Verify status of utility programs

1. Both National Grid and Con Edison are funded for 2013 as of Feb 2013. Check your SaveBigBread account for the 2013 (click “details”) rebate forms.


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My next steps 1.  Additional questions

1.  NYSERDA Home Performance 10%, $3,000 cashback program income requirements •  Owners of single-family or a two-to-four unit

multifamily are eligible to participate.

2.  NYSERDA Assisted Home Performance $5,000 grant •  Average guideline is a family of four with household

income up to $65,000 qualifies.

3.  Verify status of utility programs •  Both National Grid and Con Edison are funded for

2013 as of Feb 2013. Check your SaveBigBread account for the 2013 (click “details”) rebate forms.


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My next steps Sandy HUD Grants Petition site

•  http://bit.ly/Grantsnotloans •  Secretary Donovan •  Governors Christie and Cuomo •  Mayor Bloomberg


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Questions Tony Maull

[email protected]

Rebates on: •  Appliances •  Heating and cooling •  Insulation •  Roofing •  Windows and doors •  Lighting

Real Estate

Hurricane Sandy Mount Loretto