ALBANY, N.Y. -- More than $870,000 in disaster assistance from the Federal Emergency Management Agency (FEMA) has been approved for Albany County. The monies include individual assistance (IA) grants, U.S. Small Business Administration (SBA) low-interest disaster loans, and public assistance (PA) funding for damage sustained during the April 14 - 18 nor'easter.
Albany County was one of six New York counties declared for both individual assistance (IA) and public assistance (PA). The IA program provides disaster grants, along with SBA low-interest disaster loans for homeowners and renters. Business owners may qualify for SBA low-interest disaster loans only.
The PA program reimburses eligible state agencies, municipalities, and certain private non-profit organizations for the cost of emergency protective measures and debris removal, and for repairs to roads and bridges, water control facilities, buildings and equipment, utilities, parks, recreational facilities and other items. FEMA funding represents 75 percent of the approved project cost. New York State pays the other 25 percent and manages the PA program.
The following is a summary of funding to date:
- More than $370,000 has been approved for 216 households through the FEMA Housing Program (HA).
- More than $8,275 has been approved for 31 households under the FEMA/State Other Needs Assistance Program (ONA).
- The SBA approved $209,900 in low-interest disaster loans for 12 homeowners, renters and business owners.
- $289,911 has been approved for public assistance (PA) funding.
FEMA coordinates the federal government's role in preparing for, preventing, mitigating the effects of, responding to, and recovering from all domestic disasters, whether natural or man-made, including acts of terror.