Hurricane Sandy Mount Loretto

We’re Here to Help

Rebates save homes and families
Tony Maull
703-722-9122 x 1 February 7, 2013
tony@savebigbread.com
© 2012 Save Big Bread LLC. All rights reserved.

Tony Maull - Presenter

President and co-founder SaveBigBread.com
Former Ernst & Young Clean Technology Leader
VP at Experian (Data and Analytics Division)
Software and Technology Investment Banker
www.linkedin.com/in/maull/


Presentation agenda
1.  Whole house grants, rebates and loans
1.  FEMA Individual & Households Program
2.  SBA Disaster Loans
3.  NYSERDA Home Performance
2.  Individual product rebates
1.  Manufacturer + Utility
2.  Federal Tax Credits
3.  Community Block Grants
1.  $16 billion in Federal aid

2

Response to aid
“I was surprised at the response I got from FEMA
that the only help for the middle class is to apply
for loan, then if u are denied then u can come
back to FEMA.

It looks like if u are living a clean life there is no
help for u. I wish they considered the so call
middle class that are living from paycheck to
paycheck.”

http://www.facebook.com/HurricaneSandyRestore

3

A homeowner speaks

“Toms River NJ – buying lumber
out of pocket and waiting for
checks to really start.”

http://www.facebook.com/HurricaneSandyRestore

4

Whole home sources of cash
Richmond County
Avg. home value $456,000

Is the coverage for
replacement or
depreciated value? Do
you know your flood
coverage? Homeowner’s Insurance

5

Richmond County

2013 limit $31,900
Restore to minimum
FEMA IHP
standards determined
by FEMA.
Homeowner’s Insurance

6

Richmond County

$200,000 limit for
homeowners.
Requires collateral
SBA Disaster Loan
and income
verification.
FEMA IHP

Homeowner’s Insurance

7

Richmond County
NYSERDA Home
1.  10% cashback up Performance
to $3,000.
2.  3.99% loans up to
$25,000. SBA Disaster Loan
3.  50% grant up to
$5,000 for a family FEMA IHP
of four with
household income
up to $65,000. Homeowner’s Insurance

8

Manufacturer + Utility rebates

1.  Consolidated Edison
1.  Air conditioning $600*
2.  Air sealing $300*
3.  Boiler $1,000*
4.  Furnace $600*
5.  Refrigerator $100*

2.  National Grid
1.  Boilers $1,000*
2.  Furnace $600*
3.  Water Heater (indirect) $300*

*check your SaveBigBread account for rebate details.
9

How does this work?
Combined HVAC rebates
Manufacturer rebate $1,100
ConEd Air Condition rebate 600
ConEd Furnace rebate 600
US Tax Credit Air Condition 300
US Tax Credit Furnace 150
Total Rebates $2,750

10

New York Community Grants

•  HUD allocations-Sandy funds
•  New York City $1.77 billion
•  State of New York $1.71 billion

11

Single Family Rehabilitation

•  $350 million (NYC Program)
•  9,300 homeowners
•  Moderate/middle income
•  1,000 homes destroyed
•  8,300 homes damaged

12

Multi-Family Rehabilitation

•  $250 million (NYC Program)
•  Low/moderate/middle income
•  Grants
•  Low interest loans

13

Home buy back

•  $400 million (NY State Program)
•  Significant damage
•  Pre-storm values

14

NYC program calendar

•  Ready to take applications
•  Mid April, 2013
•  Distribute funds
•  May through June, 2013

15

We need to do this!

Register on SaveBigBread
•  http:Sandy.SaveBigBread.com
•  Check boxes on categories
•  Policy makers can see areas of
need

16

We need to do this!
“Grants not Loans” Petition
•  Petition for grants versus loans
•  305,000 homes damaged
•  Buyback is very limited
•  http://bit.ly/Grantsnotloans

17

We need to do this!
Share ideas on the community site
•  https://getsatisfaction.com/
savebigbread
•  Post questions and get answers
regarding rebate availability.

18

My next steps
1. Links
1.  Seminar video
2.  Seminar slides
1.  http://www.slideshare.net/
tonymaull92/hurricane-sandy-
mount-loretto
3.  Community site
1.  https://getsatisfaction.com/
savebigbread

19

My next steps

1.  Additional questions
1.  Income definitions
2.  Verify status of utility programs
1.  Both National Grid and Con
Edison are funded for 2013 as
of Feb 2013. Check your
SaveBigBread account for the
2013 (click “details”) rebate
forms.
20

My next steps
1.  Additional questions
1.  NYSERDA Home Performance 10%, $3,000 cashback
program income requirements
•  Owners of single-family or a two-to-four unit
multifamily are eligible to participate.
2.  NYSERDA Assisted Home Performance $5,000 grant
•  Average guideline is a family of four with household
income up to $65,000 qualifies.
3.  Verify status of utility programs
•  Both National Grid and Con Edison are funded for
2013 as of Feb 2013. Check your SaveBigBread
account for the 2013 (click “details”) rebate forms.

21

My next steps
Sandy HUD Grants Petition site
•  http://bit.ly/Grantsnotloans
•  Secretary Donovan
•  Governors Christie and Cuomo
•  Mayor Bloomberg

22

Questions
Tony Maull
tony@savebigbread.com

Rebates on:
•  Appliances
•  Heating and cooling
•  Insulation
•  Roofing
•  Windows and doors
•  Lighting

23

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