TRUMAN - Truman homeowners still dealing with damage from last fall's devastating floods can now access $170,000 in grant money from Minnesota Valley Action Council.
Judd Schultz of MVAC told the City Council this week that the funds are aimed at low- to moderate-income households - defined as 80 percent of the area median, or about $40,000 to $50,000 annually - that sustained water damage following rains last September that left some people with 8 feet of water in their basements.
The grant was approved with the assumption that about 20 homes will be eligible to receive $8,500 each.
The types of repairs qualifying for loans include drain tiles, bracing for bowed walls and other issues.
"We will probably run into households that need more money," Schultz said. "We can possibly do fewer houses for more money."
Schultz said homeowners have a greater chance of being approved for funding if they have applied for other monies available through federal and state relief.
In addition, Schultz mentioned MVAC has other programs to assist homeowners who are not eligible for loans, but whose eligibility could become apparent through an application.
Letters will be sent to flood-affected homes, notifying owners of how to apply for funds.
There is a possibility that money for the program, which comes from the state, will be held up if the government shuts down in July.
"If the state closes July 1, the money will set at the state until the state re-opens," Schultz said.