More financial help on the way for flood-affected residents and businesses

Homeowners can receive up to $500,000 to repair their primary residences.

News 12 Staff

May 30, 2024, 11:42 AM

Updated 25 days ago

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More financial assistance is on the way for residents and businesses affected by last July's devastating floods.
The U.S. Small Business Administration (SBA) is offering low-interest loans to aid recovery efforts.
Homeowners can receive up to $500,000 to repair their primary residences. Additionally, homeowners and renters can obtain up to $100,000 to repair or replace damaged or destroyed personal property. Business owners are eligible to apply for up to $2,000,000 to replace damaged equipment.
The deadline to apply for these loans is July 15th.


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