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Disaster recovery funds available

Our friends from USDA – Rural Development have released information regarding the availability of disaster recovery funds.  If you have been negatively impacted by the recent flooding in Valley County, YOU MAY QUALIFY for disaster recovery funding.  Details below (hat tip to USDA-RD and Vicki Schurman):

Additional assistance is available to homeowners in counties, if FEMA declares them eligible for Individual Assistance, through Rural Development’s single family housing loan and grant programs.  Low cost funds are available for housing purchases and repairs.  Individuals  needing payment assistance on their existing USDA Rural Development single family loans are encouraged to contact the Centralized Servicing Center in St. Louis at (800) 414-1226.

Rural Development can make loans of up to $20,000 at one percent loan to be repaid over 20 years to eligible home owners with very modest incomes to help them rebuild or repair their homes.  If those homeowners are at least 62 years of age, they may qualify for a grant to pay for repairs.

Rural Development field offices can help determine what Rural Development resources are available to help.  Inquiries should be directed to the following area offices – Kearney Office: (308) 237-3118

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