Home Breadcrumb caret News Breadcrumb caret Claims Federal and state assistance following Colorado flooding now more than $267 million Federal and state disaster aid to those affected by severe flooding in Colorado last September has passed more than $267 million, the Federal Emergency Management Agency said this week. Related: Most Colorado flood losses probably not insured while economic losses could exceed US$2 billion: EQECAT Roughly $219 million has come from disaster grants, flood insurance […] By Canadian Underwriter, | February 14, 2014 | Last updated on October 30, 2024 1 min read Plus Icon Image Federal and state disaster aid to those affected by severe flooding in Colorado last September has passed more than $267 million, the Federal Emergency Management Agency said this week. Related: Most Colorado flood losses probably not insured while economic losses could exceed US$2 billion: EQECAT Roughly $219 million has come from disaster grants, flood insurance payments and low-interest disaster loans, and more than $48 million has been obligated through FEMA’s Public Assistance program, the agency said. The latter funding will go to publicly owned entities and certain non-profits, according to FEMA. To date, FEMA has granted $55 million for housing assistance and more than $4.7 million for other needs assistance (such as medical expenses or personal property loss). FEMA is also providing manufactured housing units for 44 households who have no other suitable housing available. The U.S. Small Business Administration has approved $97.6 million in federal disaster loans to Colorado homeowners, renters, businesses and private non-profit organizations that sustained damage from the severe storms and flooding, according to FEMA. The National Flood Insurance Program has approved $62.3 million to settle 2,015 claims. Photo: Evans, Colo., Sept. 25, 2013 — Disaster response groups Hands.org, and AmeriCorps join forces to help muck out homes in Evans. (Photo by Michael Rieger/FEMA) Canadian Underwriter Print Group 8 LinkedIn LI X (Twitter) logo Facebook Print Group 8