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Piedmont Real Estate Blog

Tropical Storm Lee Loans

Nov. 15, 2011
Categorized in: Sellers

While Virginia did not qualify for FEMA grants based on the damage from Tropical Storm Lee, we did just get approved for low interest SBA loans for damage from the storm.

There are a list of named counties and municipalities includes:

  • Fairfax
  • Prince William
  • Fauquier
  • Loudoun
  • Stafford
  • Arlington
  • Alexandria
  • Fairfax (City)
  • Falls Church
  • Manassas
  • Manassas Park

Individuals living in those locations are eligible for up to $40,000 in loans to replace or repair personal property and $200,000 in loans to repair damage to homes (for homeowners). Loans of up to $2,000,000 are available for homeowners and non-profits.

The SBA will be setting up disaster assistance centers soon. The SBA web page is not yet showing the information for Virginia, but I'd watch their web site for more information as well.

Piedmont Real Estate Blog

Blog by Julie Emery
Amissville, Virginia

An ongoing dialog on real estate news, opinion and trends in Northern Virginia and the greater Piedmont area. Julie is an Associate Broker at Frankly Real Estate Inc, 6304 Crossroads Circle, Ste 102, Falls Church, VA 22044

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