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Deadline for Disaster Assistance is January 28

Assemblyman Chad Luppinacci is reminding Huntington residents and small businesses about the pending deadline to file for Superstorm Sandy disaster relief. Applications for federal assistance for both personal and business recovery are due by January 28.

Residents must first register with FEMA to be eligible for federal disaster assistance even if they have contacted the state, their local emergency-management agency, the American Red Cross, or other charitable organizations. Anyone who has not registered with FEMA for disaster aid, has questions about his or her application or needs more information about recovery programs, may call FEMA’s toll-free helpline at 1-800-621-3362; or visit www.disasterassistance.gov.

Once a resident or business has registered with FEMA, he or she can apply for assistance through the Small Business Adminstration (SBA). Renters may be eligible for loans up to $40,000 to repair or replace their disaster-damaged personal property. Homeowners may be eligible for up to $200,000 to repair or replace disaster-damaged real estate, plus up to $40,000 to repair or replace their disaster-damaged personal property. Other programs available include low-interest loans as low as 1.6888 percent with repayment terms up to 30 years.

Non-farm businesses of all sizes and private nonprofit organizations may be eligible for up to $2 million to repair or replace business assets physically damaged by the disaster–including damage to buildings, machinery and equipment, furniture and fixtures, inventory and other business assets. In addition, small businesses, small agricultural cooperatives, and most private, nonprofit organizations (of all sizes) that were or were not physically damaged but which suffered economic losses due to the disaster may also be eligible for SBA economic injury disaster loans (EIDLs).

For additional information, visit www.disasterloan/sba.gov/ela or contact the SBA at 1-800-659-2955; or www.sba.gov.

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