Feds provide more than $219M in grants after flooding - Live5News.com | Charleston, SC | News, Weather, Sports

Feds provide more than $219M in grants after flooding


Two federal agencies report they have provided more than $219 million in grants and loans to help residents of South Carolina deal with the aftermath of last year's flooding.
A news release issued Tuesday said the Federal Emergency Management Agency has awarded more than $79 million in grants to survivors for housing and other essential needs through its Individuals and Households Assistance Program.
FEMA's Public Assistance Program has provided $17.2 million in grants to state and local governments and local communities. The money is designed to cover not less than 75 percent of the eligible costs of emergency response, debris removal and the repair, restoration, replacement and mitigation of damaged public facilities.
In addition, the U.S. Small Business Administration has approved 4,300 low-interest disaster loans totaling more than $122.7 million.

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