Flood Funding Finally Reaches Michigan

By mousa

Michigan residents have been waiting months to finally hear the news that help is on the way. Federal officials have finally approved assistance to over 90,000 residents of Michigan that have been affected by the floods that damaged thousands of homes in late summer of this year.

Record rainfall came hard on Metro Detroit, with flooding levels reaching over 4 inches in some areas. Along with homes and basements flooding, vehicles were destroyed and freeways were in shambles. The entirety of the damages across the one-day disaster was catastrophic for many, while most were without any type of personal flooding insurance.

Thankfully, the Federal Emergency Management Agency has allocated over $110 million in aid for flooding damages. The disaster assistance is in conjunction with the $63.5 million granted to Michigan residents from FEMA for disaster relief. FEMA is additionally working with cities and counties individually to assess damages on a municipal level.

However, the window for applying for federal assistance is small. With a closing date of November 24th, federal officials urge residents to sign up quickly, and not let this opportunity pass. Both FEMA and the Federal Small Business Association will evaluate all applications, to ensure that residents receive the appropriate amount necessary for their flooding damages.

Michigan State Police Capitan, Chris Kelenske, is personally pressing Michigan residents to sign up soon. He explains that with the holidays approaching around the corner, time can quickly pass by, and residents should take advantage of this opportunity. FEMA officials are also pushing residents to apply for these federal grants, as they are not awarded lightly.

Those living in Macomb, Wayne, and Oakland counties are able to apply for grants towards their home repairs, including personal property loss, and other expenses that were not granted under their personal insurance coverage. Small personal loans will also be awarded to those who qualify, and can earn up to $200,000, per household. For those looking to replace property, such as vehicles, loans up to $40,000 will also be granted. Business can benefit from the $2 million set aside to assist with their damages, and can potentially seek assistance from capital loans.

If you are one of the thousands of Michigan residents looking to apply for these federal grants and loans, visit www.disasterassistance.gov, and fill out a registration form today. Likewise, call (800) 621-3362 (800-462-7585 for TTY), or (800) 621-3362 for those using Relay Services. FEMA guided assistance is available to residents every day, from 7 -11.

Next Post

    Latest Posts

    The words 2024 Trends over a green background with a magnifying glass

    Navigating the Detroit Real Estate Trends in 2024

    Read Full Post
    Young couple dreaming of their new home grinning as they hold up a builders ruler shaped as the frame of a house

    How To Keep Your Homes Filled With Tenants

    Read Full Post
    Businessman handing someone a key with city overlay

    What Does Turnkey Property Management Do?

    Read Full Post
    A man conducting research on a laptop and holding documents

    Detroit Property Manager Tips: The Power of Location

    Read Full Post
    image

    Subscribe To
    Receive The Latest News

    Similar Posts

    By mousa  |  Aug 2 2014

    Chase Offer’s $5.5 Million To Rehab Detroit Homes And Jump Start Down Payments

    J.P. Morgan Case has just announced that it will be partners with Liberty Bank to help revitalize th...

    By mousa  |  Nov 21 2014

    Detroit Bankruptcy Ruling Nears The End

    The Chapter 9 bankruptcy woes that have hit Detroit are starting to come to a resolution. Judge Stev...

    By mousa  |  Jun 26 2015

    Detroit's Guardian Building Looking For A New Owner

    Back in April, the Detroit Free Press ran an article that looked like the Guardian building was goin...