Complex sentence: On November 23, U.S. President Bill Clinton declared the U.S. Virgin Islands as a disaster area; this allocated federal funding for loans to public and private entities, as well as providing 75% of the cost of debris removal.
Split into simpler sentences: On November 23, U.S. President Bill Clinton declared the U.S. Virgin Islands as a disaster area. This allocated federal funding for loans to public and private entities, and also providing 75% of the cost of debris removal.