The Federal Emergency Management Agency has denied a request from the state of Illinois to help with flood recovery efforts in Lake, McHenry and Cook counties, according to a news release from Gov. Bruce Rauner.
Rauner declared a state of emergency in July after extreme flooding of the Fox River. On Aug. 31, the state requested federal assistance, which was denied. The Illinois Emergency Management Agency has consulted with affected counties to see whether additional damage had been reported, but it found none, according to the news release.
Rauner now is working with the U.S Small Business Administration to secure assistance for flood victims, he said. If approved, the assistance will allow those in Lake and the contiguous counties of Cook and McHenry to apply for low-interest, long-term loans.
“Many people are still working to recover from these devastating floods,” Rauner said. “These low-interest loans could speed up that process and help people get back on their feet.”
To be eligible for a SBA declaration, at least 25 homes and/or businesses in a county must sustain major, uninsured losses of 40 percent or more. A damage assessment conducted in August by the SBA identified 233 homes and 21 businesses in Lake County that sustained major damages and uninsured losses, according to the release.