Vermont Business Magazine Vermonters affected by severe storm, flooding, landslides and mudslides from July 9-11, 2024, have until October 21, 2024, to apply for FEMA assistance.
This October 21, 2024, deadline is for residents of Addison, Caledonia, Chittenden, Essex, Lamoille, Orleans, and Washington counties.
If you were affected by the severe weather, you should apply as soon as possible. FEMA may be able to help with temporary housing, home repairs, privately-owned roads and bridges, and other disaster-related needs – and the faster you apply, the sooner you can get aid.
There are four ways to apply:
- Go online to DisasterAssistance.gov
- Call the FEMA Helpline at 800-621-3362.
- Download the FEMA’s Mobile App.
- Visit a Disaster Recovery Center. For location and hours, visit fema.gov/drc.
To watch a video about how to apply, featuring American Sign Language, visit FEMA Accessible: Registering for Individual Assistance (youtube.com).
For the latest information visit 4810 | FEMA.gov. Follow FEMA on X at https://x.com/femaregion1 and at facebook.com/fema.
The same deadline of October 21, 2024, applies to SBA loans.
The U.S. Small Business Administration [SBA] is the largest provider of disaster recovery funds to repair, replace or relocate for homeowners, renters, and businesses/nonprofits, even beyond FEMA.
- SBA’s Disaster Loans funds come directly from the U.S. Treasury.
- Applicants do not go through a bank to apply. Instead apply directly online at starting with general information,
SBA.gov/disaster, and a direct link to the current Vermont Disaster Declaration, SBA-Disaster-VT-July11-2024.
- There is no cost to apply.
- There is no obligation to take the loan if offered.
- No monthly payments or interest for the first year of the loan.
- Interest rates are fixed, and terms are generally 15 or 30 years.
- Applicants can have an existing SBA Disaster Loan and still qualify for a new loan, but the loans cannot be consolidated.
- Most SBA disaster loans are approved at the lower rate:
- Homeowners/renters: 2.688% up to $500,000/$100,000 [+20% mitigation physical damage]
- Businesses: 4.00%; Nonprofits: 3.250% both, up to $2 million [+20% mitigation physical damage].
- Applicants may be eligible for a loan amount increase of up to 20% percent of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements might include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future damage caused by any disaster.
FEMA’s mission is helping people before, during, and after disasters.
All FEMA disaster assistance will be provided without discrimination on the grounds of race, color, sex (including sexual harassment), sexual orientation, religion, national origin, age, disability, limited English proficiency, or economic status. If you believe your civil rights are being violated, you can call the Civil Rights Resource line at 833-285-7448.
Learn more at 4810 | FEMA.gov
To support vital journalism, access our archives and get unique features like our award-winning profiles, Book of Lists & Business-to-Business Directory, subscribe HERE!
