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Yes, there are. The U.S. Small Business Administration (SBA) can declare a disaster, at the request of the Governor. If that happens, SBA can provide disaster loans to homeowners, renters, and small businesses much the way they would do if the President declared a major disaster. However, to qualify for this program the Governor must be able to clearly show that 25 homes and or businesses, in any county or political subdivision, have uninsured losses exceeding 40 percent of the estimated fair replacement value or pre-disaster fair market value, whichever is lower. The state often does not meet this threshold because many property owners have done the responsible thing and bought insurance – thank goodness! Again, until you and your neighbors call your local jurisdiction emergency manager and report your damages so they can compile and report it to the state for analysis, nothing is going to happen. The SBA loan program is described later.

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