One Year Later $27.5 Million In Federal Funds Help Alabama Tornado Victims Recover 

Release Date: November 7, 2003
Release Number: R4-03-236

» More Information on Alabama Severe Storms and Tornadoes

Atlanta, GA -- The tornadoes that ripped through 29 Alabama counties a year ago this week triggered federal assistance that now adds up to $27,514,205.

A summary of assistance shows the Federal Emergency Management Agency (FEMA):

The U.S. Small Business Administration (SBA), which partners with FEMA on post-disaster recovery efforts, made $12,010,600 in low-interest loans (with rates as low as 2.937 percent) to 219 homeowners, renters and business that suffered damage and were not fully compensated by insurance.

On March 1, 2003, FEMA became part of the U.S. Department of Homeland Security. FEMA’s continuing mission within the new department is to lead the effort to prepare the nation for all hazards and effectively manage federal response and recovery efforts following any national incident. FEMA also initiates proactive mitigation activities, trains first responders, and manages Citizen Corps, the National Flood Insurance Program and the U.S. Fire Administration.

Last Modified: Monday, 10-Nov-2003 13:13:00