Be WIZM INSIDER

* indicates required
 
Friday - September 14, 2018 11:54 am

In Coon Valley, Walker announces financial assistance for flood victims Featured

Written by

Gov. Scott Walker on Friday announced two new programs to help people and businesses recover from flooding.

Walker was in Coon Valley Friday morning to announce financial aid programs from the state.

The Wisconsin Housing and Economic Development Authority is launching a new $2 million program that will provide no-interest loans of up to $10,000 for repairing homes.

The Wisconsin Economic Development Corporation, meanwhile, is launching a $2 million loan program to help small businesses recover.

WEDC will award grants to regional entities that will provide no-interest loans of up to $15,000 for businesses to make repairs and cover operating expenses.

Businesses may also be able to secure forgivable loans of up to $15,000.

More than 4,300 homes and 140 businesses in 21 counties suffered over $150 million in damage, according to the Wisconsin Emergency Management's preliminary estimates.

Walker said the programs' impacts should be noticeable in places like Coon Valley.

"Its not exclusively targeted just toward small towns but overwhelmingly the dollar amounts we're talking will really help small businesses in small towns and homeowners in the communities affected," Walker said.

Anyone interested in a WHEDA loan can call 1-800-562-5546. More information about the business loans is available at https://wedc.org/disasterrecovery

Last modified on Friday - September 14, 2018 4:44 pm
Brad Williams

A native of Prairie du Chien, Brad graduated from U-W-La Crosse and has worked in radio news for more than 30 years, mostly in the La Crosse area.  Brad writes the website "Triviazoids," which finds odd connections between events that happen on a certain date, and he writes and performs with the local comedy group Heart of La Crosse.  He's been featured on several national TV programs because of his memory skills.  

This email address is being protected from spambots. You need JavaScript enabled to view it.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.