NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $68.5M Department of Homeland Security Grant
Summary
This $68.5M FEMA grant reimburses New York State for pandemic emergency measures. As a state government recipient, no publicly traded company directly benefits, and the contract is a routine reimbursement rather than a competitive award.
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Key Takeaways
- 1.The $68.5M grant is a reimbursement to a state government, not a contract with a public company.
- 2.No publicly traded tickers are directly impacted by this award.
- 3.The contract supports pandemic response infrastructure but does not create a market-moving event for investors.
Market Implications
This contract has no direct implications for publicly traded equities. The funds flow to a state government for reimbursement of past expenses, not to a company for new business. Investors should look to other contracts or events for actionable signals.
Full Analysis
The contract is a $68.5 million project grant from the Department of Homeland Security's Federal Emergency Management Agency (FEMA) to the New York State Division of Homeland Security and Emergency Services. The funds reimburse the state for emergency protective measures taken during the COVID-19 pandemic, including management of public health threats, emergency medical care, vaccine distribution, and community engagement. Because the recipient is a state government entity, there is no direct publicly traded beneficiary. The contract is a reimbursement grant, not a procurement contract with a private company. The related bill signals in the HillSignal database are largely neutral and unrelated to this specific grant, with no direct legislative authorization or appropriation link. The sector impact is on public health emergency preparedness and state-level infrastructure, but no specific public companies are positioned to gain from this award. Historically, FEMA grants to states for disaster relief are routine and do not create direct investment catalysts in publicly traded equities.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $16.3M Department of Homeland Security Grant
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $31.6M Department of Homeland Security Grant
VERMONT DEPARTMENT OF PUBLIC SAFETY: $270M Department of Homeland Security Grant
PUBLIC SAFETY, MISSOURI DEPARTMENT OF: $15.9M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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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.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$68,526,469
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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