NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $31.6M Department of Homeland Security Grant
Summary
This $31.6M grant from FEMA to the New York State Division of Homeland Security & Emergency Services reimburses pandemic response costs. As the recipient is a state government entity, no publicly traded companies directly benefit from this award.
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Key Takeaways
- 1.This is a reimbursement grant to a state agency, not a contract with a public company.
- 2.No tickers can be mapped to this award; it is a fiscal transfer for past pandemic costs.
- 3.Sector-level tailwinds in healthcare and infrastructure are negligible from this single grant.
Market Implications
This grant has zero direct equity market implications. Investors monitoring federal spending should note that state-level FEMA grants generally do not translate into public company revenue streams unless subcontracted to private firms, which is not indicated here.
Full Analysis
FEMA awarded a $31.6M project grant to New York State's Division of Homeland Security & Emergency Services under the Department of Homeland Security. The funding covers reimbursement for emergency protective measures taken during the pandemic, including medical care, vaccine distribution, and community engagement. Since the recipient is a state-level government agency, there is no direct public company beneficiary. The contract supports public health infrastructure broadly without channeling funds to specific private firms. Related bills in the congressional database (e.g., S5213 SMASH 2.0 Act) signal general healthcare sector attention but have low impact scores and no direct connection to this grant. Without a publicly traded counterparty, this award is structurally a neutral, routine reimbursement that does not drive shareholder value.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
DIVISION OF EMERGENCY MANAGEMENT: $19.4M Department of Homeland Security Grant
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $180M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $297M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $263M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Advancing Women's Health to Improve Outcomes in All Phases of Life
This executive order establishes a Women's Health Division within the NIH to coordinate and accelerate research on understudied women's health conditions, and creates a White House Women's Health Task Force to drive policy reforms and translation of research into clinical practice across federal agencies. It directs specific agencies to prioritize research, data collection, and translation into prevention, diagnosis, and treatment, with a focus on all life stages from infancy through aging.
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
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.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$31,602,927
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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