FEMA deadline for Sandy loans extended

The Federal Emergency Management Agency has extended the deadline for homeowners affected by Hurricane Sandy to apply for help in rebuilding.

 

Three months after the storm struck, the state of New Jersey asked FEMA to continue taking applications from all those dsiplaced.

Mark Jamison of the Small Business Administration, which administers emergency loans, says homeowners are still figuring out what they need to do to rebuild if their property is in newly changed flood zones and subject to stricter regulations.

“The big issue in the communities is, ‘If I’m going to be required to elevate and how high do I have to go,'” he explains.yre

So far, the SBA has approved more than $331 million for distribution in the state of New Jersey. The new deadline for requesting government loans is March 1.

The deadline for those who lost jobs to apply for disaster unemployment insurance is Feb. 4.

After those affected by the storm register with FEMA,  the agency then helps determine what aid programs or referrals to other agencies a person may qualify for.

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