The latest studies: Why 800,one hundred thousand candidates were rejected government crisis advice finance
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It was not the first time Josefa Mendoza’s domestic inundated, it try the fresh new terrible. When the 47-year-dated feel coordinator escaped their South Colorado assets along with her college students and you will grandchildren into the during a severe violent storm, water to the got increased to sides peak.
She did not qualify for the assistance of the brand new Federal Crisis Administration Agency. So, such as more than a million People in america while the 2001, she taken out a national disaster guidance loan regarding Short Providers Government.
The lower-notice finance try a major source of government disaster recommendations available so you’re able to property owners and you may clients as well as small enterprises – if they’re qualified.