FEMA: Disaster aid for Colo. floods surpasses $304M
DENVER — In the six-plus months since floods devastated parts of Colorado in September 2013, flood survivors have received more than $304 million in funds from the Federal Emergency Management Agency.
These funds have included FEMA disaster grants, flood insurance payments and Small Business Administration low-interest disaster loans, according to a press release on the FEMA website.
FEMA said it has issued almost $55.9 million for housing help in 11 different counties, and about $4.9 million in other resources, including disaster-related medical expenses and personal property loss.
More than $76.1 million has been distributed to publicly owned establishments and specific nonprofits spanning 18 counties, stated the national relief agency.
SBA approved nearly $102.6 million in federal disaster loans to Colorado homeowners, renters, business owners and private nonprofits that incurred damage from the 100-year flood, according to the release.
The National Flood Insurance Program approved nearly $64.7 million to settle about 2,085 claims.
FEMA added that it is providing manufactured-housing facilities for 40 households still displaced by the floods.