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Tuesday, 7 February 2012

Federal Disaster Loans For More Reno Fire Victims

The U.S. Small Business Administration is setting up shop in Reno again to help facilitate federal disaster loans for residents and businesses after Washoe County suffered its second big wildfire in two months.

The low-interest loans became available Friday to victims of the Washoe Drive fire, which destroyed 29 homes south of Reno two weeks ago.

Businesses and non-profit groups can borrow up to $2 million. Homeowners can get up to $200,000 and renters up to $40,000.

The loans also are available through April 2 to qualifying victims in 12 different counties in Nevada, Oregon and California that share a border with Washoe County.

Feb. 6 is the deadline for loan applications from victims of the earlier Caughlin fire that destroyed 26 southwest Reno homes in December.

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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