More financial help on the way for flood-affected residents and businesses
Homeowners can receive up to $500,000 to repair their primary residences.
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May 30, 2024, 11:42 AM
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Updated 57 days ago
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Multimillion-dollar transformation on the way for sections of Hudson Valley
2h agoMore 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.
