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Low-interest loans to be made available to Virginia residents impacted by July flooding

Posted on Aug 09,2019
Filed Under Local Politics , Politics,

Courtesy Fairfax County police
Source Wtop

Source Wtop

By Zeke Hartner

ALEXANDRIA, VA. - The U.S. Small Business Administration (SBA) will make low-interest federal loans available to residents and businesses of Fairfax and Arlington counties, and the cities of Falls Church and Alexandria, where rebuilding efforts are happening after destructive flooding in early July.

Virginia Gov. Ralph Northam announced the loan program Thursday in a news release.

The areas had been working to secure disaster designation status that would make the low-interest loans available after floods caused millions of dollars in estimated damage across a wide swath of Northern Virginia. There was an estimated $14 million in damage in Fairfax County alone.

Source Wtop

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