Disaster Recovery Loan Program

The Minnesota Housing Disaster Recovery Loan Program (DRLP) may offer state financial assistance to eligible individuals whose home sustained damage because of a natural disaster. A Disaster Recovery Loan is a last resort when private insurance and federal assistance are not adequate to return a damaged home to its pre-disaster condition.

The Federal Emergency Management Agency (FEMA) announced a presidential disaster declaration making individual assistance available in counties impacted by severe storms and flooding in Minnesota between June 16 and July 4, 2024. 

We anticipate funding will be available in fall 2024. More information will be shared as it's available.

Limited funding will be made available for eligible borrowers with homes affected by the floods of June and July 2024 located in the following counties:

Blue Earth  Cook Cottonwood Faribault Freeborn Goodhue Itasca

Jackson Lake Le Sueur  Mower Nicollet Nobles Rice

Rock St. Louis Steele Waseca Watonwan

The Disaster Recovery Loan Program is coming soon. To prepare, complete the following:

• Submit a Property Damage Form through the Minnesota Department of Public Safety to help state and federal agencies assess overall regional damage
• Contact your insurance company and submit a claim
• Visit a Disaster Recovery Center to submit an application for federal assistance and to learn about other resources
  OR
  Submit an application for federal resources online through:
  • Federal Emergency Management Agency (FEMA)
  • Small Business Administration (SBA)

You may be able to find help through:

• Red Cross
• United Way 211 (for 2024 severe storms and flooding only)
• Disaster Distress Helpline
• Minnesota Department of Commerce Disaster Information Center
• Veterans Linkage Line