Two more flood-damaged homes needed to meet requirements for low-interest disaster loans

Two more homes meeting damage requirements from the flooding are needed for the county to qualify for low-interest loans for homeowners to repair damages.

Dubois County Emergency Management Agency, working in coordination with the Indiana Department of Homeland Security (IDHS), has only identified 23 homes that meet the damage threshold. They need 25 to meet the federal qualifications to receive the assistance.

Dubois County is just under the threshold of 25 qualifying properties with at least 40 percent uninsured damage to apply for low-interest disaster loans through the U.S. Small Business Administration (SBA).  The county had 180 properties with reported damage, but only 23 met the 40 percent uninsured damage threshold.

If previously unreported properties are brought to the attention of the Dubois County Emergency Management Agency, and meet the criteria, the application status can be reconsidered. To make the first report of flood-related property damage, contact the Dubois County Emergency Management Agency by phone at 812-482-2202 or by email at: duboisema@psci.net.

Nearly any type of property that has not yet reported flood damage may be eligible for this type of assistance, as long as it is not a public asset, such as roads, bridges and government owned buildings.

Properties that generally qualify include mobile homes, rental properties, businesses and private residences as long as they meet the 40 percent uninsured damage threshold.  We are specifically looking for any new reports meeting the following criteria; 18” of water or more on the first floor of home 18” of water or more in a basement with essential living quarters such as a bedroom, kitchen or living room.