NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $63.5M Department of Homeland Security Grant
Summary
This $63.5M FEMA grant to New York State Division of Homeland Security & Emergency Services is a routine disaster recovery allocation under the Public Assistance program. No publicly traded company is directly involved, and the contract does not create a material market event.
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Key Takeaways
- 1.The recipient is a state government entity, not a publicly traded company.
- 2.No public company benefits directly from this contract award.
- 3.The grant is a standard FEMA disaster recovery allocation with no market-moving implications.
Market Implications
This contract has no direct market implications. It is a routine government grant that does not flow to any public company's revenue stream. Investors should focus on other events for actionable signals.
Full Analysis
The Department of Homeland Security, through FEMA, awarded a $63.5M project grant to the New York State Division of Homeland Security & Emergency Services. The funding supports the Public Assistance program, which reimburses state and local governments for debris removal, emergency protective measures, and restoration of disaster-damaged public facilities. As a government-to-government transfer, this award does not flow to any publicly traded company. No related legislation in the provided bill signals directly authorizes or appropriates this specific grant. The contract is a routine allocation under standing disaster relief authorities, with no identifiable impact on public equity markets.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $67.6M Department of Homeland Security Grant
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $12.6M Department of Homeland Security Grant
STATE OF MICHIGAN: $64.0M Department of Homeland Security Grant
OFFICE OF EMERGENCY SERVICES: $36.8M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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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.
Contract Details
Recipient
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$63,538,221
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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