VIRGINIA BEACH, Va. (AP) — Officials estimate that the remnants of Hurricane Matthew caused hundreds of millions of dollars in flood damage to Virginia’s Hampton Roads region.
Emergency management officials said Wednesday that the October storm will be the area’s costliest since Hurricane Isabel in 2003.
The Virginia Department of Emergency Management (VDEM) says to date, nearly 4,000 citizens have registered for assistance.
Donald Keldsen, a coordinator with the Federal Emergency Management Agency, said about 4,000 people have received $7 million in aid so far. But the major costs will come with repairing thousands of homes.
Jeffrey Stern, the state coordinator for the VDEM, said the National Flood Insurance Program is expected to payout $80 million to policy holders. But only about 15 percent of victims had flood insurance. Stern said aid from FEMA and volunteer groups and federal loans will have to cover thousands of other homes.
VDEM anticipates the total public and private costs to easily reach more than $300 million.