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Castor Introduces Bill to Expand Access to SBA Loans After Hurricanes

Summary by Floridian Press

Representative Kathy Castor (D-FL) has introduced legislation expanding access to Small Business Administration (SBA) loans, making rebuilding efforts cheaper. For additional context, the SBA currently offers low-interest disaster recovery loans that can be increased by 20% to invest in mitigating future natural disasters, such as making buildings more resilient. Rep. Castor's Rebuild and Save Act increases the disaster mitigation assistance cap…

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Floridian Press

Castor Introduces Bill to Expand Access to SBA Loans After Hurricanes

Representative Kathy Castor (D-FL) has introduced legislation expanding access to Small Business Administration (SBA) loans, making rebuilding efforts cheaper. For additional context, the SBA currently offers low-interest disaster recovery loans that can be increased by 20% to invest in mitigating future natural disasters, such as making buildings more resilient. Rep. Castor's Rebuild and Save Act increases the disaster mitigation assistance cap…

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Floridian Press broke the news in 13 hours ago on Saturday, February 22, 2025.

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