McKean County Flash-Flood Victims Gov. Tom Ridge this week announced that federal disaster assistance has been approved for homes and businesses damaged by severe flash flooding in McKean County on Aug. 20 and Aug. 21. Federal Disaster Housing grants provide assistance for individuals or families whose primary residences have been destroyed or damaged.
Help is available for both owners and renters.
Homeowners may be eligible for grants to make necessary repairs to make the house safe and livable. If there was major damage and the residence is uninhabitable, rental assistance is available. The interest rate is 4 percent for most homeowners and businesses. The rate is 8 percent for those with credit available elsewhere. Victims unable to qualify for a loan are automatically referred to the Individual and Family Grant Program.