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Facts On Low
Interest Government Loans:
Low
Interest and No Interest Loans
Long-term, low interest rate
educational loans to 271 colleges and universities for full-time, financially
needy students.
If you need financial assistance to recover and
your family income is minimal, you may be referred to
the IFG Program for possible grant assistance. If you have more than a minimum
income, you will be sent an application to apply for a loan.
If you have questions or need help
with the loan application, help will be provide at the number provided
in your application packet so that you can speak to a representative.
IMPORTANT FACTS
 Homeowners
can apply for Loans up to $200,000 to
repair or replace damaged or destroyed real estate, and up to $40,000
to repair or replace damaged or destroyed personal property.
Renters
may apply for Loans up to $40,000 to
repair or replace damaged or destroyed personal property.
Individuals,
whose applications are declined may receive a grant to meet necessary
expenses
and serious needs not met by any other form of assistance.
Co-signers
can be used for a loan. If the amount needed to recover from the disaster
exceeds
your ability to repay, family members or other persons may co-sign the loan
application. Co-signers are equally responsible for repayment of the loan.
Services
such as transportation, clean-up assistance, homemaker, handyman, nutrition
and
many others are often available.
Spread the Word! Older persons are
often the last to apply for these services. When time limitations expire,
needed services are no longer available. If you know any older persons, who
may be in need of these services, urge them to get the assistance they need! There are
many
programs available to help in this area.
The Government has set aside this money to help people who want to change
their lives for the better
and improve their present economic situations.
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