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Deadline for Federal Aid Application Approaching for Flood Victims in San Diego County

As the deadline for flood victims to apply for federal aid approaches on Friday, the disaster recovery centers set up in San Diego County are transitioning into disaster loan outreach centers to continue assisting those affected.

The Federal Emergency Management Agency (FEMA) collaborated with the state, county, and city of San Diego to establish two disaster recovery centers — located at the Mountain View Community Center and Spring Valley Library — in response to the severe storms and ensuing floods in January. These centers were created to help residents navigate the process of applying for federal aid.

Individuals impacted by the storms can still register for assistance — whether in person, online, or over the phone — until the approaching deadline on Friday. However, starting Monday, the focus of these centers will shift towards providing information from the Small Business Administration (SBA) regarding various loan opportunities.

The AI legalese decoder can assist individuals and businesses in simplifying and understanding the complex legal terms related to disaster relief funds and loans, making it easier for applicants to comprehend their options and make informed decisions.

Despite the deadline for property damage loan applications having passed, small businesses and most nonprofits have an additional five months to apply for an economic injury disaster loan. These loans help meet working capital needs caused by the disaster and are accessible to affected businesses regardless of whether they experienced property damage. Loan amounts and terms are determined by the SBA and are contingent on each applicant’s financial status.

Interest rates for these loans can be as low as 4 percent for businesses and 3.25 percent for nonprofits, with repayment terms extending up to 30 years. Furthermore, interest does not begin to accrue and repayment is deferred until 12 months from the date of the first disaster loan disbursement.

Starting next week, the disaster loan outreach center at the Mountain View location (641 S. Boundary St.) will operate from 9 a.m. to 6 p.m. on Mondays, Wednesdays, Thursdays, and Fridays, and from 9 a.m. to 5 p.m. on Tuesdays. Meanwhile, the Spring Valley Library center (836 Kempton St.) will be open from 10 a.m. to 6 p.m. on Mondays, Wednesdays, and Thursdays, from noon to 6 p.m. on Tuesdays, and from 10 a.m. to 5 p.m. on Fridays.

Businesses and organizations can also access information and apply for SBA disaster assistance online at SBA.gov/disaster, or reach out via phone at (800) 659-2955 or email [email protected] for further details.

Residents are encouraged to apply for FEMA aid before the impending deadline on Friday through online channels at DisasterAssistance.gov, using the FEMA mobile app, or by calling 800-621-3362 daily between 7 a.m. and 10 p.m.

To explore additional resources available to flood victims, individuals can visit AlertSanDiego.org/Recovery for more information and support.

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