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<br />EIS-10 <br /> <br />SmaH Business Administration (SBA) Loans <br /> <br />The SBA basic loan may cover the implementation of proven mitigation <br />measures for homes and businesses through its disaster loan program, <br /> <br />The cost of mitigation repair measures reauired by local codes, including <br />the elevation of substantially damaged buildings to Base (1 OO-year) Flood <br />Elevation and relocation outside the floodplain, can be included in the <br />basic SBA disaster loan. SBA will normally require a written statement <br />from the local government to verify this requirement. In addition, non- <br />code required mitigation measures will be considered eligible where the <br />cumulative cost of such measures does not exceed 20% of the basic <br />loan amount. SBA was provided with a list of proven mitigation <br />measures. The list was prepared by the OES/FEMA Mitigation Team to <br />facilitate the mitigation effort. <br /> <br />I' <br /> <br />..JJ....J 'Y/f;t;,.J;- R.,-t <br />:JJ"""'I 1995 <br />