The U.S. Department of Housing and Urban Development is speeding up the process of providing federal disaster assistance for homeowners and low-income renters that were displaced by severe storms and flooding in June.
Last week, President Barack Obama issued a federal disaster declaration for Mason and Roane counties. The declaration was in response to the severe weather and flooding that swept through the counties between June 12 and 20.
HUD Secretary Shaun Donovan said the declaration now allows HUD to offer foreclosure relief and other assistance to certain families living in these counties.
"Families who may have been forced from their homes need to know that help is available to begin the rebuilding process," Donovan said. "Whether it's foreclosure relief for FHA-insured families or helping these counties to recover, HUD stands ready to help in any way we can."
The agency will divert block grant funding to help the state redirect millions of dollars to address critical needs for disaster victims. It will also offer mortgage insurance and loan guarantees for those who need to rebuild or buy a new home.
For more information on the programs, visit http://www.hud.gov/info/disasterresources_dev.cfm.