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FEMA funds flowing into Prattsville

Oct 12, 2012 9:28 am
[caption id="" align="alignleft" width="203"] (Courtesy riverstreet.org)[/caption]

Michael Ryan reports in The Daily Mail the town of Prattsville has repaid a  $1 million loan, 20 days ahead of schedule. The payback was made possible by Federal Emergency Management Agency financial relief from Tropical Storm Irene. A second $1 million loan remains outstanding. The money was borrowed to aid in the recovery and repair effort following massive flooding in Aug. 2011. According to FEMA officials, payments a total of $4.2 million in financial assistance have been provided to villages and towns throughout Greene County, to date. More funds are awaiting distribution. Prattsville was also awarded a half-million-dollar Community Development Block Grant in August. Town homeowners and merchants are eligible to receive grant tunds to rebuild and rehabilitate homes, replace lost inventory and ruined equipment and fixtures. Read the full story in The Daily Mail.