Hurricane Sandy Recovery Resources
November 1, 2012
On behalf of the partners and staff of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, we hope you and your loved ones are safe. We recognize that many of you may be struggling in the aftermath of Hurricane Sandy, and we want to assure you that FMRTL will stand beside you during this difficult time.
As we all continue to work through the challenges imposed by Hurricane Sandy, we remain committed to making the best of this arduous situation. Whether you are in need of individual or business assistance, we are offering our "White Glove" service and resources to help you or your business recover from the effects of this devastating storm. Our services encompass everything from reviewing your homeowner's insurance policy with you to assisting you in the preparation of the loan application forms. Listed below are some useful links to help expedite the recovery process.
Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC
Please find below important information for Disaster Assistance:
The Small Business Administration provides low interest disaster loans to homeowners, renters and businesses of all sizes to repair or replace personal property, machinery, equipment, business assets that have been damaged or destroyed in a declared disaster.
SMALL BUSINESS ADMINISTRATION
For a summary of disaster loans available to individuals that have rental properties or business owners
www.state.nj.us/njbusiness/pdfs/sandy/NJ 13367 Fact Sheet
INFORMATION IN APPLYING FOR A DISASTER LOAN
Helpful Information for Employers
NEW JERSEY BUSINESS ACTION CENTER
The UCEDC, a statewide nonprofit economic development corporation, is offering to accelerate loan applications of up to $15,000 to help businesses meet their immediate storm recovery needs.
Apply by phone at 908-527-1166 or online at http://www.ucedc.com
Helpful Information for Employees:
FILE YOUR UNEMPLOYMENT INSURANCE CLAIM
ANSWERS TO QUESTIONS REGARDING DISASTER UNEMPLOYMENT ASSISTANCE BENEFITS
IMPORTANT INFORMATION REGARDING REAL PROPERTY TAX RELIEF
All property tax assessments in New Jersey take place as of October 1st. Your 2013 taxes will depend on the value of your property as of October 1, 2012. In a normal case, anything that happens after October 1st is irrelevant to that assessment. However, there is one major exception which could come into play this year.
N.J.S.A. 54:4-35.1 provides that in the event of a major depreciation in the value of property that occurs between October 1st and January 1st, occurring through a fire or natural disaster, the assessment may be reduced to take into account the damage.
In order to have your property assessed with the storm damage taken into consideration, homeowners should notify the tax assessor of that municipality in writing prior to January 10, 2013. If, after receiving the notification, the Tax Assessor determines that the value of the property has been decreased by such damage, the assessment is to be adjusted accordingly.