This assistance is designed to help cover costs not covered by insurance.
 
Grant Assistance to a Household:
 
FEMA Individual Assistance – Special Needs Assistance Grants: $770 one-time payment to afford immediate needs like food, water, hygiene, and transportation.
 
FEMA Individual Assistance – For Housing: The maximum amount a homeowner can receive through the FEMA Individual Assistance grant program for home repair and replacement, and for temporary housing, is up to $43,600.
 
FEMA Individual Assistance – For Other Needs: Another $43,600 is available in the form of a grant from FEMA to cover medical expenses, damage to a vehicle, household items/property, funeral expenses, moving/storage, and childcare expenses, etc.
 
To Apply for FEMA Assistance Click Here.

 
Small Business Administration Loans for Homeowners and Renters:

SBA loans can cover up to $100,000 of personal property loss (i.e. furniture, clothing, automobiles) and up to $500,000 of a homeowner’s real property loss (i.e. home repair). Second homes and vacation homes not eligible. Loans are for up to 30 years; first payment and interest accrual deferred for the first 12 months. The maximum interest rate is 4%.
 
Small Business Administration Loans to Businesses:
 
SBA Physical Damage Loans: Loans up to $2 million for businesses and nonprofits for uninsured physical damage and losses. Loans are for up to 30 years; first payment and interest accrual deferred for the first 12 months. The maximum interest rate is 4% unless credit can be obtained elsewhere. If credit could be obtained elsewhere, then interest rate is 8%.
 
SBA Economic Injury Disaster Loans: Loans up to $2 million for businesses and nonprofits with economic injury (such as lost sales) as the result of the disaster. Only available when Small Business Administration determines a recipient is unable to obtain credit elsewhere. Loans are for up to 30 years; first payment and interest accrual deferred for the first 12 months. The maximum interest rate is 4%.
 
The combined loan amount across both SBA programs may not exceed $2 million.
 
To Apply for SBA assistance, Click Here.