Deadline for FEMA, SBA assistance nears

Published 3:42 pm Tuesday, December 27, 2016

Jan. 9, 2017, is the deadline for victims of Hurricane Matthew and subsequent funding to register for disaster-recovery assistance.

Homeowners, business owners, renters and some private nonprofit groups may be eligible for federal and state assistance in the form of grants, low-interest loans and other types of help.

The Federal Emergency Management Agency/Small Business Administration deadline to apply for assistance has been extended to provide storm victims extra time to determine if they need help and apply for it. SBA loans help close the gap between insurance benefits and FEMA money for eligible business owners, nonprofits, homeowners and renters.

Not everyone qualifies for an SBA loan, but those who do not qualify are referred to FEMA’s other needs assistance program, which provides grant money.

The SBA assistance is in the form of disaster loans for physical property damage and economic injury. For businesses, interest rates on loans can be as low as 4 percent. For private nonprofit groups, interest rates on loans can be as low as 2.625 percent. Loans for homeowners and renters may have interest rates as low as 1.563 percent. Payback terms could be up to 30 years.

The SBA has announced that federal Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by Matthew and associated flooding. The deadline to apply for economic injury assistance is July 10, 2017.

By Monday, there were 650 registrations for FEMA assistance, with 212 applications approved for a total of $476,639 in individual assistance approved for Beaufort County, according to an email from Debra Young, the assistant external affairs officer with the Joint Information Center. From Beaufort County, 38 disaster-loan applications have been received by SBA, with 11 home loans approved. Those loan amounts total $212,800, according to the email.

As of Monday, 27,674 individual assistance applications from North Carolina had been approved, according to FEMA, with $85.7 million in individual and household program funding had been approved by the federal government, with the majority of that amount — about $59.6 million — earmarked for housing assistance, and about $26.1 million allocated for other-needs assistance. Housing assistance provides money for disaster-related housing needs, while other-needs assistance provides funds for other disaster-related needs such as household furnishings, transportation and medical care.

The FEMA/North Carolina Emergency Management Disaster Recovery Centers will be closed Saturday through Monday for the New Year’s Day holiday. On Tuesday, the recovery centers will go back to their regular hours: 9 a.m. to 6 p.m. Mondays through Fridays, and Saturdays from 9 a.m. to 1 p.m. To locate an open center, call the FEMA Helpline at 800-621-3362, use the ReadyNC and FEMA mobile apps or go online to FEMA.gov/DRC or readync.org.

Homeowners, renters and business owners who suffered losses or damages caused by Matthew should call 1-800-621-3362 to register for assistance or go online at www.DisasterAssistance.gov and register by downloading FEMA’s mobile app, according to a news release. For those who use 711 or Video Relay Service, the number is also 1-800-621-3362. For people using TTY, the number is 1-800-462-7585. These toll-free numbers operate from 7 a.m. to 11 p.m. (local time) seven days a week until further notice. Operators are ready to assist people in multiple languages.

 

About Mike Voss

Mike Voss is the contributing editor at the Washington Daily News. He has a daughter and four grandchildren. Except for nearly six years he worked at the Free Lance-Star in Fredericksburg, Va., in the early to mid-1990s, he has been at the Daily News since April 1986.
Journalism awards:
• Pulitzer Prize for Meritorious Public Service, 1990.
• Society of Professional Journalists: Sigma Delta Chi Award, Bronze Medallion.
• Associated Press Managing Editors’ Public Service Award.
• Investigative Reporters & Editors’ Award.
• North Carolina Press Association, First Place, Public Service Award, 1989.
• North Carolina Press Association, Second Place, Investigative Reporting, 1990.
All those were for the articles he and Betty Gray wrote about the city’s contaminated water system in 1989-1990.
• North Carolina Press Association, First Place, Investigative Reporting, 1991.
• North Carolina Press Association, Third Place, General News Reporting, 2005.
• North Carolina Press Association, Second Place, Lighter Columns, 2006.
Recently learned he will receive another award.
• North Carolina Press Association, First Place, Lighter Columns, 2010.
4. Lectured at or served on seminar panels at journalism schools at UNC-Chapel Hill, University of Maryland, Columbia University, Mary Washington University and Francis Marion University.

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