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Disaster Assistance

Friday, January 25, 2013

Hurricane Sandy

FEMA, SBA Extends Sandy Aid Deadline

The State has appealed for more time, based on the need of its residents.

The Federal Emergency Management Agency (FEMA) and the US Small Business Association (SBA) have extended the deadline for victims of Hurricane Sandy to apply for aid. It is now March 1.   The deadline was extended one month at the request of FEMA and the state of New Jersey, said spokesman Mark Jamison of the SBA's Office of Disaster Assistance. "We encourage people to apply," said Jamison, whose agency is offering signature-only loans under $14,000 to homeowners and renters. "SBA loans are not based on a person's current financial situation," he said. For amounts above that threshold, he said, "There are no costs associated with the loan, except for title insurance when that's required as a condition of collatoral." Interest rates are as …

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