Grants directory
SBA Mitigation Assistance
U.S. Small Business Administration · Federal program
Up to 20% increase on an SBA disaster loan for mitigation
The Small Business Administration lets eligible disaster loan borrowers increase their low-interest disaster loan by up to 20% to make home improvements that reduce future damage. Homeowners can use it after a declared disaster.
Program details
How it works
SBA says eligible disaster loan borrowers may choose to receive expanded funding to mitigate their home or business against future disasters. SBA says this can help protect your home and family and that approval of mitigating measures is required before any loan increase can be made.
What the money covers
The SBA page says the money can be used to make property improvements that eliminate future damage or save lives.
Amounts and matching
- Disaster loans can be increased up to 20% for mitigation purposes
- SBA says there is no cost to apply and no obligation to accept a loan if approved
How to apply
SBA says borrowers can ask about increasing their disaster loan for mitigation purposes and can visit a Disaster Recovery Center.
Timing and deadlines
The page is framed around declared disasters and planning ahead; the exact deadline depends on the underlying disaster loan case.
Full eligibility details
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