Deadline approaches for Duluth flood recovery assistance

Only about 100 more applications are needed to get $3 million in federal loans for residents suffering from flood damage in the Duluth area. For every 100 homeowners that apply for assistance, $1.4 million is awarded from the U.S. Small Business Administration. The deadline for low-interest recovery loans is October 15th.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Oct 11, 2012

Only about 100 more applications are needed to get $3 million in federal loans for residents suffering from flood damage in the Duluth area.

The Northland's NewsCenter says for every 100 homeowners that apply for assistance, $1.4 million is awarded from the U.S. Small Business Administration. The deadline for low-interest recovery loans is October 15th.

Disaster case managers say the SBA application process is important for residents to receive assistance. Homeowners not approved for federal loans will have access to other pools of resources, WDIO reports.

Flood Homes with Hope will be operating help centers Saturday in Duluth, Cloquet and Moose Lake to walk flood victims through the application process. For more, information, visit their website.

The northland experienced major flooding in June, causing millions of dollars in damage to public facilities and homes.