Residents impacted by June and July 2019 flooding in the following counties may be eligible for state loans up to $15,000 through the Minnesota Housing Disaster Recovery Loan Program: Dodge, Goodhue, Mower, Olmsted, Rice and Steele.

The Disaster Recovery Loan Program provides forgivable, no-interest loans up to $15,000 for damaged single family homes and one- to four-unit rental properties, according to a press release. It helps to fill gaps between what homeowners received from insurance and SBA funds, and what it will cost to return the home to pre-disaster condition. There are no income limits for the Disaster Recovery Loan Program.

“The Disaster Recovery Loan Program is a critical resource for people who experienced damage from this year’s floods,” said Minnesota Housing Commissioner Jennifer Ho. “I encourage property owners in affected areas to contact our administrator to learn more.”

Homeowners must first apply for and accept all insurance and SBA funds before applying for the Disaster Recovery Loan Program. The deadline to apply for SBA funds was Sept. 30.

The Disaster Recovery Loan Program has extended its deadline to Dec. 31. Homeowners can contact the program administrator to apply for the Disaster Recovery Loan Program by Dec. 31: Semcac, 204 Elm St., Rushford, MN 55971-0549; or call 507-864-8207 or 507-634-4350.

Counties served are Dodge, Goodhue, Mower, Olmsted, Rice and Steele.

Minnesota Housing collaborates with individuals, communities and partners to create, preserve and finance affordable housing. Find out more at www.mnhousing.gov.