Allegany County conducting Flood Damage Assessment



The county is currently creating a list of those affected in the area

Allegany County Office of Emergency Services is working with the New York State Homeland Security and Emergency Services to conduct damage assessments from the recent flash flooding events.

The county is currently creating a list of those affected in the area, it announced Wednesday. If your property or small business was affected by these recent events, email the Emergency Services office at luckeyj@alleganyco.com with the following information by Thursday, July 22: Name, Address, Phone Number, pictures of the damage, pre-damage pictures if available, costs associated with clean up and your current insurance coverage in effect.

Costs can be followed up at a later date as we realize that information may not be immediately available. In the meantime, contact with your information and description of damages. Information regarding the potential funding is listed below:

Small Business Administration Disaster Loan Program – Small Business Administration (SBA) provides low interest disaster loans to homeowners, renters, businesses of all sizes and private, non-profit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed in a disaster. Financial assistance is available in the form of low interest, long-term loans. There are two types of disaster loans available.

Physical Disaster Loans – These loans are available to homeowners, renters, business of all sizes and nonprofit organizations and are a primary source of funding for permanent rebuilding and replacement of uninsured disaster damages to privately own real and/or personal property.

– Damages must be to 25 or more homes or businesses any combination of both) with 40 percent or more of uninsured losses of the estimated fair replacement value or pre-disaster fair market value of damage property, whichever is lower.

– In any such political subdivision, at least three businesses each sustain uninsured losses of 40 percent or more of the estimated fair replacement value or predisaster fair market value of the damaged property, whichever is lower, and, as a direct result of such physical damage, 25 percent or more of the workforce in their community would be unemployed for at least 90 days as a direct result of the physical damages.

– Any business or private, non-profit organization located in a declared disaster area and incurred damage during the disaster to apply for a loan of up to $2 million if qualified.

– Personal property loan can provide a homeowner or renter up to $40,000 to help repair or replace personal property.

– Real property loan can provide a homeowner up to $200,000 to repair or restore their primary home to pre-disaster condition.

– If SBA determines credit cannot be obtained elsewhere, the law sets a maximum interest rate of 4 percent per year.

– Request to SBA…



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