Detroit Area Flood Aid Totals $246M
Federal assistance for Detroit-area residents who suffered property damage during severe August flooding has totaled $246 million following the application deadline.
The Detroit News reports nearly 128,100 people had applied for federal grants as of Monday. The Federal Emergency Management Agency approved $141.5 million in grants in Wayne, Oakland and Macomb counties. The Small Business Administration approved $104.5 million in low-interest loans.
The FEMA aid deadline was Sunday but a spokesman says some people could still qualify. Monday was the deadline to apply for a loan of up to $200,000 from the Small Business Administration. Homeowners who applied for aid and were denied may reapply within 60 days.
President Barack Obama signed a disaster declaration for Michigan in September. The cost to repair the flood damage was estimated at more than $1.1 billion.
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