• Disaster declaration approved for local counties hit hard by flooding

    By: Gina Esposito

    Updated:

    RALEIGH, N.C. - The Small Business Administration has approved North Carolina Gov. Roy Cooper's request for a disaster declaration for 10 counties where recent heavy rains led to flooding in homes and businesses. 

    [RELATED: Some residents along Catawba River evacuate homes as rain continues]

    The declaration was being sought for Mecklenburg, Catawba, Alexander, Burke, Cabarrus, Caldwell, Gaston, Iredell, Lincoln and Union counties.

    A news release from the governor's office said an initial assessment of damage from storms on June 6 showed flooding and heavy winds led to roads blocked by debris and major damage to more than 50 homes and businesses.


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    Dozens of families are still feeling the impact from the flooding after the Catawaba River left its banks pouring water into homes off Riverside Drive in northwest Charlotte.

    "To tell you the truth, I don’t even know what we lost yet because it's one of those things,” resident Sabrina Hilaril said. “It’s, like, oh? What happened to that little fridge we had?’"

    Many homeowners are still trying to figure out how they're going to fix the damage, which is where the declaration comes in.

    Hilaril said 6 feet of water from the Catawba River filled the downstairs of her home.

    She said her $10,000 dock is gone.

    The disaster declaration will provide low-interest loans to those affected. The loans are designed to help people where insurance does not fully cover the cost of repairs to a home or business.

    Homeowners can start applying for SBA loans Tuesday and the loans will help cover the cost of repairs where insurance doesn't as well as replace items lost in the storm. Those approved can get up to $200,000 for their home and $40,000 for property like cars.

    "We’re here to meet those needs,” said Karen Knapik, who is with the SBA. “We’re here to bridge the gap of what insurance doesn’t cover."

    Two Disaster Recovery Centers opened Tuesday and will help homeowners learn more about how they can apply for the loans.

    "We’ll walk through that application. If they don’t get that loan, then there are other options that they can explore as well," said Hannah Sanborn with Charlotte Mecklenburg Emergency Management.

    One center will be in Catawba County off Springs Road Baptist Church and the other will be at the fire department off Mount Holly-Huntersville Road. 


    Types of Loans:

    • Business Physical Disaster Loans
    • Economic Injury Disaster Loans
    • Home Disaster Loans

    Interest Rates for Home Loans:

    • No Credit Elsewhere 1.938%
    • Credit Available Elsewhere 3.875%

    SBA said homeowners should come prepared to fill out an application, which will include your Social Security number and banking information. They want people to stop by to see their options.

    Disaster Recovery Centers will be open at these locations for affected residents to submit applications from July 2, 2019 through July 11, 2019.

    Hours will be from 9 a.m. to 6 p.m. on weekdays and 9 a.m. to 1 p.m. on Saturday.

    Centers will be closed on July 4, 2019.


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