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Governor announces 2 new flooding assistance programs

MADISON, Wis. - Gov. Scott Walker is announcing two new programs to help people and businesses recover from flooding.

The governor's office issued a news release Friday saying the Wisconsin Housing and Economic Development Authority is launching a new $2 million program that will provide no-interest loans of up to $10,000 for repairing homes.

The Wisconsin Economic Development Corp., meanwhile, is launching a $2 million loan program to help small businesses recover. WEDC will award grants to regional entities that will provide no-interest loans of up to $15,000 for businesses to make repairs and cover operating expenses. Businesses may also be able to secure forgivable loans of up to $15,000.

Anyone interested in a WHEDA loan can call 1-800-562-5546. More information about the business loans is available at https://wedc.org/disasterrecovery.


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