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Flood victims offered tax relief

Governments, school districts can reassess devastated properties

— “With this structure in place, it is my hope that it will be immediately implemented to help those who are still struggling to put their lives and homes back in order,” said Amedore in a statement.

Small businesses, farms, multiple dwellings and not-for-profit organizations affected by flood damage can also receive up to $20,000 in aid funding. The grant funding would be used for storm repairs and costs not covered by any other government recovery programs.

Amedore said there was a “sizeable gap” in direct aid for businesses and farms that left low-interest loans as the remaining option.

“This will help close that gap so businesses can get back on their feet, continue their operations and keep people employed,” said Amedore.

Counties can also receive up to $500,000 but not less than $300,000 in grant funding, totaling $9 million available statewide, for flood mitigation projects. Projects demonstrating the greatest need will be given first preference. There is an additional $20 million in aid to municipalities planned as well, with distribution of funds determined in the state’s upcoming budget.

“While it is unfortunate that it took a historic flood to address the issues, I know that the investment we make today will have a great impact for years to come,” said Amedore.

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