Montgomery, Herkimer residents receive funding to help rebuild - NEWS10 ABC: Albany, New York News, Weather, Sports

Montgomery, Herkimer residents receive funding to help rebuild

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FORT PLAIN, N.Y. - Governor Andrew Cuomo announced Wednesday that $16 million in state aid will be provided to the Mohawk Valley area to help residents rebuild and recover after the federal government denied individual assistance to flood victims.

Cuomo says the NYS Flood Recovery Program is intended to provide immediate recovery assistance to victims of these floods and to address gaps in coverage for impacted homeowners, business owners and farmers in Herkimer, Madison, Montgomery, Niagara and Oneida Counties.

Montgomery and Herkimer Counties received the most funding, of $4 million each. Homeowners may be eligible for up to $31,900 in assistance. Small business owners and farmers or farm operations may be eligible for up to $50,000 in assistance.

The funds for this program are being made available through an appropriation of state funds for emergency purposes made by the legislature this year

"I have seen firsthand the terrible devastation caused by flooding across regions of upstate New York and from the beginning I promised that the State would make sure those who lost everything would not be forgotten," said Governor Cuomo. "Today the State is stepping up to cover what the Federal government did not: nearly $16 million in individual assistance for the people whose homes and property were damaged and destroyed. With this financial commitment we are taking the first step in making sure the communities that have lived through weeks of flooding can begin building back better than ever before."

In addition, homeowners who want to buyout their home and don't want to rebuild, the state will buyout and pay 100 percent of the market value of the home before it was damaged by the flooding.

Preliminary surveys indicate that over 500 homes suffered some level of damage, with dozens destroyed. At least 150 business suffered major or minor damage.

For homeowners, eligible costs include the repair and/or replacement of damage to roofs, windows, doors, siding, flooring, drywall, insulation, foundations, well and septic systems, electric systems, fuel tanks, heating and water systems, and appliances, as well as remediation of environmental hazards. Homeowners whose properties were destroyed by these floods may also be eligible for a buyout of their damaged property.

For businesses, eligible costs include reimbursement for losses to inventory, equipment, materials, fixtures and furniture; as well as design, construction, rehabilitation or reconstruction of flood damaged structures.

For farms, funding is available for emergency funding to help with farm capital repair and replacement needs.

For additional information on the NYS Flood Recovery Program, and application materials, please visit: http://www.nyshcr.org/Programs/NYS-Flood.

Affected homeowners, businesses, and farms can also call the NYS Flood Helpline at 1-888-769-7243 for information on how to receive assistance under the NYS Flood recovery program. The NYS Flood Helpline is available from 8:00 a.m. – 8:00 p.m. Mondays through Fridays, and 10:00 a.m. – 5:00 p.m. on Saturdays and Sundays.

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