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Federal Aid Available For Angelenos Who Faced Damages During The February Storms
Birds fly over vehicles driving through the rain on the 101 Freeway on Feb. 19, 2024, in Los Angeles.
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Mario Tama
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Getty Images North America
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Topline:
If you live in Los Angeles or own a business in the city, new federal aid is now available for any damage you may have experienced during the historic February storms.
Why it matters: The historic February storms caused severe damage to homes and businesses across SoCal.
Businesses and nonprofits could quality for up to $2 million in loans to repair or replace any damage. Economic Injury Disaster Loans are available for those who have capital needs caused by the disaster — Angelenos could qualify for economic assistance loans up to $500,000. Homeowners and renters are eligible for up to $100,000 in loans to repair or replace damaged property and vehicles.
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How to apply: Angelenos can visit the Virtual Disaster Loan Outreach Center 8 a.m. to 4:30 p.m. Monday — Thursday, or call (916) 735-1501 for direct assistance or email FOCWAssistance@sba.gov.
The deadline to apply for property damage is July 16, and the deadline to apply for economic assistance is Feb. 18, 2025. For more information, visit SBA.gov/disaster.
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