Blight Ordinance Discussion
October 24, 2018
South Korea Peace Medal Awarded to Sherman Resident Thomas White
October 31, 2018

Governor Malloy has announced that the U.S. Small Business Administration (SBA) has approved his request for disaster assistance resulting from the May 15 tornadoes and severe storms that impacted portions of Connecticut. The declaration means that homeowners, businesses, and nonprofits in New Haven County and the contiguous counties of Fairfield, Hartford, Litchfield, and Middlesex will be eligible to receive loans from the SBA to help with the costs of both physical and economic damages.

Loans up to $200,000 will be available to homeowners to repair or replace damaged or destroyed real estate, which may include debris removal. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property, including automobiles. The loans must be applied to uninsured or otherwise uncompensated losses.

For small businesses and most private nonprofit organizations, the SBA will offer Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. The assistance is available regardless of whether the business suffered any physical property damage.

By law, the interest rates depend on whether each applicant has Credit Available Elsewhere.  An applicant does not have Credit Available Elsewhere when SBA determines the applicant does not have sufficient funds or other resources, or the ability to borrow from non-government sources, to provide for its own disaster recovery. An applicant which SBA determines to have the ability to provide for his or her own recovery is deemed to have Credit Available Elsewhere. Interest rates are fixed for the term of the loan. Rates applicable for this disaster are:

Loan Types No Credit Available Elsewhere Credit Available Elsewhere
Home Loans 1.938% 3.875%
Business Loans 3.610% 7.220%
Non-Profit Organizations 2.500% 2.500%
Businesses & Small Agricultural Cooperatives 3.610% N/A
Non-Profit Organizations 2.500% N/A

Applications can be filled out and submitted online through the SBA website at Alternately, applications can also be downloaded at and mailed to the SBA at the following address: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas, 76155.

Those who have questions about the assistance can either call the SBA Customer Service Center at 1-800-659-2955 (1-800-877-8339 for those who are deaf or hard of hearing), or send an email to The SBA “Fact Sheet” for this program is available on the Town website at

The SBA will also open a Disaster Loan Outreach Center at the Southbury Training School (1461 South Britain Road, Southbury) to help people process applications and answer questions in person. The office will be open through the 18th during the following hours of operation:

Monday, October 15: 9AM to 6PM Tuesday, October 16: 9AM to 6PM Wednesday, October 17: 9AM to 6PM Thursday, October 18: 9AM to 4PM

The deadline to return applications for physical property damage is December 10, 2018. The deadline to return economic injury applications is July 9, 2019.

The announcement of SBA assistance for homeowners, businesses, and nonprofits comes in addition to the approval of a major disaster declaration in August for Fairfield and New Haven Counties from the Federal Emergency Management Agency (FEMA) that allows state agencies and municipal governments to apply for financial assistance to help pay for the costs incurred as a result of these storms.

– Pat Del Monaco, First Selectman