NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $211M Department of Homeland Security Grant
Summary
This $211M FEMA grant to New York State for repairing disaster-damaged facilities supports infrastructure recovery but does not directly benefit any publicly traded company, as the recipient is a state government entity.
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Key Takeaways
- 1.The $211M grant is a significant disaster recovery award but flows to a state government, not a public company.
- 2.Investors should not attribute this contract to any specific ticker; it represents a general tailwind for infrastructure spending.
- 3.No related legislation directly authorizes this grant; it falls under existing FEMA authority.
Market Implications
This contract does not directly impact any publicly traded company's revenue or stock performance. The infrastructure sector may see indirect benefits from increased government spending on disaster recovery, but the effect is diffuse and not attributable to specific firms. Investors should look for other contract awards that name public companies for actionable opportunities.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $211M project grant to the New York State Division of Homeland Security and Emergency Services for the repair or replacement of facilities damaged by disasters. This grant is part of the federal disaster relief framework, providing funding to state and local governments to restore public infrastructure. Since the recipient is a state government agency, no publicly traded company is directly awarded this contract. However, the spending may indirectly support local construction and engineering firms, but these are typically not publicly traded. The grant does not have a direct connection to any specific legislation among the provided bill signals, as none address disaster relief or FEMA grants. The sector impact is primarily on infrastructure, as the funds will be used to rebuild public facilities such as schools, hospitals, and government buildings. Historically, FEMA grants of this nature provide steady funding for disaster recovery but do not create direct revenue streams for publicly traded companies unless they are subcontractors, which are not identifiable from this award data.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
DEPARTMENT OF SOCIAL SERVICES CALIFORNIA: $1.5B Department of Health and Human Services Grant
NORTH CAROLINA DEPARTMENT OF PUBLIC SAFETY: $2.5B Department of Homeland Security Grant
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $1.6B Department of Homeland Security Grant
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
TEXAS OFFICE OF THE GOVERNOR: $1.4B Department of the Treasury Federal Award
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $2.9B Department of Homeland Security Grant
GOVERNOR'S AUTHORIZED REPRESENTATIVE: $1.8B Department of Homeland Security Grant
CENTRAL PLATEAU CLEANUP COMPANY, LLC: $1.0B Department of Energy Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$210,692,055
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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