Governor Larry Hogan last week announced that the State of Maryland is making $4 million in funding available to assist residents and businesses affected by Tropical Depression Ida. In addition, the governor has requested a disaster declaration from the U.S. Small Business Administration (SBA) to make low-interest loans available.
Anne Arundel County, Cecil County, and the City of Annapolis declared Local State of Emergencies for significant damage to commercial and residential areas caused by tornadoes and severe flash flooding.
“In the absence of federal action, I am taking immediate steps to provide additional relief for the families and businesses affected by last month’s devastating storm,” said Governor Hogan. “Working with local leaders, we are going to continue to do everything we can to help the community get through this and recover.”
$4 Million Available Through Assistance Programs
The Maryland Department of Housing and Community Development (DHCD) will make up to $4 million available for programs that can assist businesses and residents with home repair, short-term rental assistance, and business loans. These programs include the Maryland Disaster Housing Assistance Program, the Maryland Disaster Relief Housing Program, and the Maryland Business Recovery Loan program.
SBA Disaster Declaration Request
Governor Hogan requested an SBA physical disaster declaration for the affected areas, including Anne Arundel, Cecil, and Montgomery Counties. The declaration would make flexible, low-interest loans available to businesses and residents to repair and replace buildings and property.
Stay tuned to Conduit Street for more information.
Related Conduit Street Coverage
FEMA Denies State’s Disaster Assistance Request for Tornadoes, Flooding
