Saturday, April 10, 2010

Hamilton NJ Homeowners May be Eligible for Flood Emergency Loans

As reported in NJ.com this week, "Mercer County residents and businesses whose property were damaged by flooding or storm activity around the March 12 nor'easter may apply for loans through the Federal Emergency Management Agency, county officials said.

"The Mercer County administration and the County Office of Emergency Management worked with all 13 municipalities to assess and compile storm damage countywide and submitted those findings to the state. In turn, President Barack Obama recently issued a Presidential Disaster Declaration for 12 New Jersey counties, including Mercer.

"Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

"Businesses and nonprofit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

"Affected residents and business owners can begin the disaster application process by registering online at www.disasterassistance.gov or registering by phone at 800-621-FEMA (3362) or 800-462-7585 (TTY) for the hearing- and speech-impaired."

Joe Giancarli, Sales Associate
609-658-2612
jgiancarli@remax.net
http://www.joegiancarli.com/
http://www.njhomesource.com/
http://www.newjerseynewhomes.blogspot.com/





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