Flood relief program gets boost from $10M federal grant

Monday, September 20, 2010 at 11:40am

Federal officials announced on Monday that Metro will receive a $10.7 million community development block grant, funds that will help boost Mayor Karl Dean’s initiative to help homeowners rebuild following May’s flood.

U.S. Housing and Urban Development Secretary Shaun Donovan said Metro is one of eight entities to share $50 million in disaster funding. Nashville received the second largest award behind the state of Kentucky.

“This is significant for our city and more important, for the many Nashville residents who still need assistance with rebuilding their homes and lives after the May flood,” Dean said in a written statement.

The majority of funds are to go toward Dean’s “We Are Home” program, which seeks to aid flood victims still facing significant home-repair payments even after receiving aid from the Federal Emergency Management Agency and the U.S. Small Business Administration.

So far, more than 100 flood victims have benefited from the program in the form of low-interest loans or grants. The average award has been more than $20,000.
 

2 Comments on this post:

By: Moonglow1 on 9/20/10 at 9:13

Moonglow1: This is very bad news for the Tea Party because they want government out of our lives. So any home occupied by a Tea Bagger should not accept this government handout. Perhaps Marsha Blackburn or Glen Beck will offer to assist you.

By: welshwitch on 9/21/10 at 8:24

Most flood victims need grants. We don't need another low-interest loan. We need help rebuilding our homes. We need help paying off the substantial debt we have incurred to rebuild our homes.
It is almost 5 months post-flood. Most of us had to make do without any help from We Are Home or Community Foundation. Where have they been? Has anybody truly been helped by We Are Home or Community Foundation? Where are the 100 that have "benefited"? Be specific, did they actually receive money or were they offered low-interest loans?

I wonder if Tim & Faith, all the country stars, and all the good people that donated money to flood victims knew that their donated money was going to be loaned at 4% interest?