DENVER – Federal disaster assistance for Colorado flood survivors recovering from the September storms has topped $100 million.
The Federal Emergency Management Agency has approved more than $49.4 million in housing assistance and grants for other essential disaster-related needs, including medical, dental and funeral expenses and lost or damaged personal possessions.
The U.S. Small Business Administration has approved $50.7 million in federal disaster loans to Colorado homeowners, renters, businesses and private nonprofit organizations that sustained damage from the severe storms and flooding.
FEMA grants to homeowners and renters may include emergency rental assistance and necessary repairs to owner-occupied homes.
Homeowners, renters and business owners should not wait to settle with their insurance companies before applying to SBA for a low-interest disaster loan. Colorado flood survivors should return their completed applications, even if they have not settled with their insurance company.
Individuals and business owners who sustained property damage are encouraged to first register with FEMA prior to the Nov. 14 deadline.
