Money received from FEMA for "Housing Needs" and "Other than Housing Needs" must be used for eligible expenses only.
- If you do not use the money as explained by FEMA, you may not be eligible for any additional help and may have to give the money back.
- Is usually limited to up to 18 months from the date the President declares the disaster.
- Does not have to be repaid.
- Is tax-free.
- Is not counted as income or a resource in determining eligibility for welfare, income assistance, or income-tested benefit programs funded by the Federal government.
- Is exempt from garnishment, seizure, encumbrance, levy, execution, pledge, attachment, release, or waiver.
- May not be reassigned or transferred to another person.
- You must keep receipts or bills for 3 years to demonstrate how all of the money was used in meeting your disaster-related need.
Before you begin any repairs, check with your local building department to find out what local permits or inspections are required.
How can I reduce my losses in the future?
- Flood Insurance Benefits - Buying flood insurance is the best thing you can do to protect your family, your home, business, and financial security.
- Rebuild smartly - find mitigation ideas, activities, and projects.