RICHMOND(AP) -- Accomack County residents won't be getting federal aid to repair damage caused by Superstorm Sandy.
Gov. Bob McDonnell said Thursday that he was disappointed that the Federal Emergency Management Agency denied the state's disaster relief request for the hard-hit Eastern Shore community. He encouraged Virginians to help Accomack residents by donating to the Virginia Disaster Relief Fund.
The federal Individual Assistance Program would have made funding available to homeowners, renters and businesses in the form of low-interest loans and grants, unemployment assistance, disaster housing assistance and crisis counseling.
The Virginia Department of Emergency Management will make a recommendation to Governor McDonnell on whether to appeal FEMA’s denial or to apply for disaster assistance from the Small Business Administration.
If a request for SBA assistance is approved, loans up to $200,000 would be available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters would be eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property. Businesses and nonprofit organizations of any size could apply for loans up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. AP-WF-11-29-12 2239GMT