More than $11 million in disaster assistance is now approved for Oregonians, according to officials with Oregon Emergency Management (OEM), the Federal Emergency Management Agency (FEMA), and the U.S. Small Business Administration (SBA). A total of $11.2 million has been approved as of Jan. 24, 2008. Oregon businesses, families and individuals with damages from the severe storms, flooding, landslides and mudslides Dec. 1-17, 2007, in disaster-declared counties are eligible to apply for disaster assistance. The counties of Clatsop, Columbia, Polk, Tillamook, Washington and Yamhill are declared for individual assistance. The U.S. Small Business Administration (SBA) has approved 121 loans loans totaling $5,847,800 in disaster loan assistance. The SBA is the primary source of federal funds for long-term disaster recovery for owners of private property, including homeowners, renters, non-farm businesses of all sizes and private non-profit organizations. These low-interest loans cover costs of repair or replacement of damaged real estate, personal property and business assets not fully covered by insurance or other aid, and for small businesses, such loans cover working capital needs caused by the disaster.
Wednesday, January 30, 2008
Ore. Aid Tops $11.2M for Recent Storms
More than $11 million in disaster assistance is now approved for Oregonians, according to officials with Oregon Emergency Management (OEM), the Federal Emergency Management Agency (FEMA), and the U.S. Small Business Administration (SBA). A total of $11.2 million has been approved as of Jan. 24, 2008. Oregon businesses, families and individuals with damages from the severe storms, flooding, landslides and mudslides Dec. 1-17, 2007, in disaster-declared counties are eligible to apply for disaster assistance. The counties of Clatsop, Columbia, Polk, Tillamook, Washington and Yamhill are declared for individual assistance. The U.S. Small Business Administration (SBA) has approved 121 loans loans totaling $5,847,800 in disaster loan assistance. The SBA is the primary source of federal funds for long-term disaster recovery for owners of private property, including homeowners, renters, non-farm businesses of all sizes and private non-profit organizations. These low-interest loans cover costs of repair or replacement of damaged real estate, personal property and business assets not fully covered by insurance or other aid, and for small businesses, such loans cover working capital needs caused by the disaster.
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