It is incredibly difficult for a family to see their home destroyed by a hurricane. We all have a personal attachment to our home and the belongings inside of it. It\u2019s an emotional experience to lose everything. Finding temporary shelter and rebuilding a home causes an emotional and financial impact. Figuring out how to recover from a hurricane can be stressful and traumatic for a family. We\u2019ll walk you through a few ways you and your loved ones can find support following a natural disaster. <\/p>\n\n\n\n
The cost to rebuild a home after a hurricane is expensive. The total cost varies by factors, such as the type of damage and size of the home. <\/p>\n\n\n\n
According to NBS news<\/a>, the price of lumber peaked in January 2022. Homeowners can pay a minimum of $4,000 for water damage and $10,000 for moderate wind damage, according to New Orleans Legal<\/a>. This does not include mold removal. The Office for Coastal Management <\/a>reports a total cost of $145 billion in the U.S. for climate disasters. <\/p>\n\n\n\n It\u2019s crucial to seek financial help after hurricane home destruction. If you have homeowners or natural disaster insurance that is a good place to start to seek financial aid. You can also find support with emergency fundraising<\/a>. Fundraising for hurricane relief is an accessible and fast way to deal with the aftermath. Angel Grants<\/a> can help your fundraiser turn into a success. You can also apply for a hurricane relief grant. <\/p>\n\n\n\n The cost for repair could even be a lot less if you have homeowner insurance. You may need to pay for extra disaster relief insurance. For example, the National Flood Insurance Program<\/a> can cover up to $25,000 in water damage. Insurance coverage can be a smart backup for many people. <\/p>\n\n\n\n On the flip side, it can also be too expensive<\/a> for some to afford. Another option is to take out a long-term loan with low interest with the U.S. Small Business Administration<\/a>. This loan could support up to $200,000 of repair or replacement costs. The low-interest and long-term loan can be an affordable solution. However, you will still need to pay the money back, which can be a financial burden. <\/p>\n\n\n\n Disaster relief fundraising brings your community together during a time of distress. You can reach your financial goal and pay for the repair that is otherwise hard to afford. <\/p>\n\n\n\n There are many pros to fundraising. You can have immediate aid for shelter, food, and water. A hurricane relief fundraiser can have a great impact on a community through collaboration and support. You can distribute funds to long-term rebuilding initiatives with hurricane relief fundraising. <\/p>\n\n\n\n There are also some challenges with disaster relief fundraising. It can be hard for people to share their stories and be vulnerable in a time of crisis. At AngeLink we have seen that vulnerability drives friends, family and even strangers to donate to a fundraiser. Vulnerability is scary but it opens up a part of your life that others can connect to and empathize with.<\/p>\n\n\n\n There are examples of powerful community fundraisers in the wake of disaster. For example, AngeLink\u2019s Marissa Collections emergency fundraiser<\/a> raised money for Hurricane Ian\u2019s devastating destruction. This success story exceeded their $150,000 goal and raised $228,980. They matched up to $50,000 in donations for Support Southwest Florida. 100% of donations were given to five non-profits in support of serving victims and their families. Check out these disaster relief fundraising ideas<\/a> to help you get started. <\/p>\n\n\n\n For more advice read <\/em>How to Start an Online Fundraiser<\/em><\/a>.<\/em><\/p>\n\n\n\n Hurricane relief grants are another resource to help you rebuild. It\u2019s good to consider the pros and cons that hurricane relief grants offer. <\/p>\n\n\n\n Some pros are that you do not have to pay loans back and they can be flexible based on your needs. FEMA Grants<\/a> are available for pre and post-emergency or disaster-related projects. These are federal grants that fund individuals and institutions. You can also apply for the Individuals and Households Program<\/a>. This FEMA grant helps you repair or replace your damaged home and find temporary housing. <\/p>\n\n\n\n The downside to federal relief grants is that they can be very competitive. You must report all details of the disaster, which can be a long process. People of low economic status are also disproportionately affected by natural disasters<\/a>. They can have limited access to disaster aid. That’s why at AngeLink we offer Angel Grants<\/a> to natural disaster victims to help jump-start their fundraisers.<\/p>\n\n\n\n Now that we have looked at the challenging impact a hurricane has on victims, it\u2019s important you know how to recover from a hurricane to help yourself or those in need. Finding extra support is necessary to rebuild after hurricane damage. Victims need a lot of resources to bounce back, like physical and financial help. You can research how to help hurricane victims so they can get back on their feet. <\/p>\n\n\n\n If you\u2019re on a budget then you can look into how to volunteer for hurricane relief. If you want to prepare for a hurricane disaster then you may want to save money in a separate fund. What is an emergency fund?<\/a> An emergency fund is a safety net that will grant you immediate access to resources. It\u2019s another way to seek support and ease any stress you may encounter. <\/p>\n\n\n\n3 Ways to Get Financial Help to Rebuild After a Hurricane<\/h2>\n\n\n\n
1. Insurance or Loans<\/h3>\n\n\n\n
2. Start a Hurricane Relief Fundraiser<\/h3>\n\n\n\n
3. Apply for Hurricane Relief Grants<\/h3>\n\n\n\n
Find the Support You Need to Rebuild<\/h2>\n\n\n\n