Disaster Assistance for Rural Communities Act

Disaster Assistance for Rural Communities Act This bill expands the availability of Small Business Administration (SBA) disaster assistance for rural small businesses. Currently, the declaration of a disaster by the SBA is contingent upon a certain number of homes or businesses being damaged or economically injured (e.g., at least 25 homes or 25 businesses are damaged). The bill authorizes the SBA to declare a disaster in a rural area if any home, small business, private nonprofit, or small agricultural cooperative located in such area has incurred significant damage. The bill defines a rural area as an area with a population of less than 200,000 outside an urbanized area.