Federal assistance has been provided for March 2nd tornado victims as President Obama has given his approval for the assistance program to six southern Indiana counties. Residents and businesses affected by tornado are eligible to find aid, grants and loans in the six counties of Jefferson, Clark, Scott, Ripley, Warrick and Washington.
The counties are the witness of damages to homes and businesses and even loss of life. The assistance given to March tornado hit victims has made grant available as low-cost loans so as to cover uninsured property losses and make recovery programs available to storm-affected businesses. An outreach center, meant to help tornado victims receive state services, has been opened in Ogle Hall at Ivy Tech campus, Sellersburg. People who sustained losses can also apply for assistance online.
Gov. Mitch Daniels along with eleven Indiana’s congressional delegation members signed in a letter of appeal to President Obama to give disaster designation to the six Southern Indiana counties. The appeal for federal assistance is made after it became clear that the recovery is beyond the resources and capabilities of the State of Indiana.
States like Indiana and Kentucky suffered huge damages and residents of the six counties are now in need of disaster assistance, legal assistance, temporary housing, SBA disaster loans and crisis counseling. Assistance request drew immediate support from Washington. The President has given his approval though there is a word around that the extent of disaster may require ‘Presidential Major Disaster Declaration’. It is firmly believed that Governor Daniel’s Federal assistance request will assist in Indiana’s recovery efforts.
Individual assistance is available to households and business owners who are uninsured or underinsured and had to face damages due to disaster. Individual assistance is capped at $30,000 and is intended to aid in only serious needs. With individual assistance people can recover from property losses and meet expenses like medical, dental and funeral expenditures too. Low-interest disaster loans are available from SBA that can help in recovering residential and business losses.
This article was submitted by Raj Tulshan, Director of Business Development of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to firstname.lastname@example.org