Loans coming to people displaced in Bridgeport fire

Bridgeport Mayor Joe Ganim says there will soon be millions of dollars in low-interest federal loans available to help those displaced by the condominium fire

Bridgeport Mayor Joe Ganim says there will soon be millions of dollars in low-interest federal loans available to help those displaced by the condominium fire on Charles Street.

Bridgeport Mayor Joe Ganim says there will soon be millions of dollars in low-interest federal loans available to help those displaced by the condominium fire on Charles Street. (1/23/16)

BRIDGEPORT - Bridgeport Mayor Joe Ganim says there will soon be millions of dollars in low-interest federal loans available to help those displaced by the condominium fire on Charles Street. 

The fire that left more than 100 families to begin the new year with no place to call home. 

The U.S. Small Business Administration says those families can now apply for low-interest disaster loans to help them rebuild. 

The loans can be for up to $200,000.

Ganim says the SBA offer came after Gov. Dannel Malloy requested federal assistance .

The interest rate on loans will be as low as 1.8 percent over a 30-year period for both homeowners and renters, who will also be eligible.

advertisement | advertise on News 12

Trending Video

1 Word on the Street: 'As Young As You Feel Day'
Students and their parents trekked along icy patches 2 The Buzz: Schools reopen after storm
Maureen Ferrer is the lead ambassador for the 3 Hometown Hero: Maureen Ferrer
At the Atlantic Terminal Mall, some shoppers shrugged 4 Booklyn gets back to business after snow day
Officials say the woman was pronounced dead at 5 Police: Woman jumps to death at Stamford mall

advertisement | advertise on News 12

More News

Those affected by the fire at a Bridgeport Condo fire in Bridgeport a tough start to 2016

Those affected by the fire at a Bridgeport complex say they're spending the first day

Officials say it may have started as a Over 100 displaced after Bridgeport condo fire

More than 100 people are displaced after a massive fire destroyed a Bridgeport condo complex

Donations of winter coats and clothing were given Donations handed out to Bridgeport fire victims

Donations of winter coats and clothing were given out Wednesday to victims of a fire

Second Chance Furniture sells secondhand furniture at affordable Stamford store donates to Bridgeport fire victims

A Stamford discount store announced donations for victims of a New Year's Eve fire that

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE