# 114-hr-5774: Equity for Disaster Victims Act of 2016

114-hr-5774, Equity for Disaster Victims Act of 2016, is a 114th Congress bill sponsored by Rep. Smith, Christopher H. [R-NJ-4] (R-NJ); status Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5774
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5774
- Congress: 114
- Title: Equity for Disaster Victims Act of 2016
- Status: Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
- Introduced: 2016-07-13
- Sponsor: Rep. Smith, Christopher H. [R-NJ-4] (R-NJ)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Equity for Disaster Victims Act of 2016 This bill amends the Small Business Act to allow a small business concern, homeowner, or nonprofit entity that received a Small Business Administration (SBA) disaster loan for repairing, rehabilitating, or replacing real property damaged or destroyed by or because of Superstorm Sandy or that received such an SBA loan to refinance a mortgage or other lien against a home or business concern totally destroyed or substantially damaged by or because of the storm to receive Superstorm Sandy CDBG-DR grant funds only if they will be used to repay: the principal and any interest accrued on the loan for such repair, rehabilitation, or replacement; or the loan received to refinance the mortgage or other lien. The bill allows these recipients of additional SBA disaster assistance resulting from a declared major disaster to use CDBG-DR grant funds only if they are used for such repayments. The term Superstorm Sandy CDBG-DR grant funds means mandatory amounts made available by the Department of Housing and Urban Development only for impacted and distressed areas resulting from a declared major disaster due to Superstorm Sandy for activities authorized under the Housing and Community Development Act of 1974. A small business concern, homeowner, or nonprofit entity who receives assistance pursuant to any other law to repair, rehabilitate, or replace real property damaged or destroyed by or as a result of a declared major disaster on or after enactment of this bill may use such assistance to repay the principal and any interest accrued on a loan or the amount of other assistance received under it.

## Cosponsors (1)

- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2016-07-13T00:00:00.000Z

## Related bills

- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5025: 2016 Tax Day Floods Supplemental Funding Act
- 114-hr-4625: Firefighter Cancer Registry Act of 2016
- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-3546: Big Cat Public Safety Act
- 114-hr-3381: Childhood Cancer STAR Act

## Sources
- [114-hr-5774 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5774)

## Related
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5025: 2016 Tax Day Floods Supplemental Funding Act](https://policyrisk.com/legislation/114-hr-5025)
- [114-hr-4625: Firefighter Cancer Registry Act of 2016](https://policyrisk.com/legislation/114-hr-4625)
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-3546: Big Cat Public Safety Act](https://policyrisk.com/legislation/114-hr-3546)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5774 (as of 2025-11-18).