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Walker Announces 2 New Flood Assistance Programs

2 State Agencies Each Launching Separate $2M Program To Help Those Impacted By Flooding

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Flooding in Coon Valley
The side of Highway 14 on the west side of Coon Valley, looking east into town, was washed out from flooding Monday, Aug. 27, 2018. Photo taken Tuesday, Aug. 28, 2018. Hope Kirwan/WPR

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.

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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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