Governor Charlie Crist today requested a disaster declaration from the Small Business Administration (SBA) to aid Broward County residents impacted by the recent severe weather and flooding rains that occurred on December 17 and 18, 2009.
“A disaster declaration from the SBA will help our fellow South Floridians repair their homes and businesses following last week’s flooding,” said Governor Crist. “We anticipate our request will result in welcome assistance for those affected.”
Preliminary damage assessments were conducted jointly by Broward County officials, the Florida Division of Emergency Management, the SBA, and the Federal Emergency Management Agency. The assessments indicate that 189 homes in Broward County sustained minor to major damage.
A declaration from the SBA will provide affected residents with low interest loans to repair or replace real estate, personal property, machinery, equipment, inventory and business assets that were damaged or destroyed in the disaster.
To be eligible for a disaster declaration from the SBA, 25 homes or 25 businesses (or combination thereof) must have sustained uninsured losses of 40 percent or more of the estimated fair replacement values of the damaged property. The three types of loans available from SBA include Home Disaster Loans, Business Physical Disaster Loans, and Economic Injury Disaster Loans. For more information on the SBA please go to: www.sba.gov.
For more information on the Florida Division of Emergency Management and to GET A PLAN!, please visit: www.FloridaDisaster.org. All students, teachers and parents can find educational information and free downloadable materials at: www.KidsGetAPlan.com. And for the latest situation and flash reports go to: www.YouTube.com/FloridaSERT .