News release: “U.S. Department of Homeland Security Secretary Janet Napolitano today announced that the Federal Emergency Management Agency (FEMA) has proposed an amendment to its Special Community Disaster Loan (CDL) regulations to include loan forgiveness procedures and requirements. The proposed regulation, submitted today to the Federal Register, proposes procedures and requirements for governments who received Special Community Disaster Loans to apply for cancellation of loan obligations. The decision to proceed on this rulemaking now comes as a result of Secretary Napolitano’s trip to the Gulf Coast earlier this month, and is part of a series of new initiatives put forth by the Department of Homeland Security to address the challenges facing the region.”