FEMA: Nearly $29 Million Awarded In Flooding Aid

The Federal Emergency Management Agency says it has approved nearly $28 million in public and individual assistance for Montana flooding damages.

The U.S. Small Business Administration has provided nearly $1 million more in low-interest loans to residents and business owners.

FEMA said in a statement Wednesday that it has processed more than $23.7 million through its public assistance grant program. The program pays 75 percent of the cost of eligible flood-recovery projects undertaken by the 48 counties and five reservations included in the June 17 presidential disaster declaration.

Another $4.2 million has been awarded to individuals for housing and other needs resulting from the spring floods that affected much of the state.

SBA disaster loans to repair or replace damaged homes go up to $200,000.

Associated Press