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This $11.0M FEMA grant to the Tennessee Emergency Management Authority provides direct financial assistance to families in a disaster area. As the recipient is a state agency, no publicly-traded companies are directly impacted.
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There are no market implications from this contract. It is a standard disaster assistance grant that does not involve any publicly-traded entity. The funds are distributed to families and do not flow through corporate channels. No stock tickers are affected.
The contract is a direct payment from the Federal Emergency Management Agency (FEMA) to the Tennessee Emergency Management Authority, intended as a pass-through grant for families in a disaster area. It is a non-reimbursable subsidy, meaning the funds are provided to support individuals rather than for goods or services from a contractor. Since the recipient is a government entity, there is no direct revenue impact on any publicly-traded company. The contract size ($11.0M) is modest and purely government-to-government aid. No related legislation or presidential actions specifically connect to this disaster relief contract, and no supply chain or competitive dynamics are affected. The broader sector impact is limited to consumer financial assistance, with no material market implications.
Matched on shared policy language across AI analyses, with ticker & timing weight
INDIANA DEPT OF HOMELAND SECURITY: $10.0M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY: $10.1M Department of Homeland Security Federal Award
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $280M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $26.3M Department of Homeland Security Federal Award
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Recipient
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY
Award Amount
$10,954,756
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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