Financial assistance has been made available to Victorian farmers, businesses and charities in ten local government areas affected by fires and tornadoes last month.
Low-interest loans of up to $200,000 from the federal and state governments can be accessed through the Rural Finance Corporation.
At least 20 people were taken to hospital and homes were damaged and destroyed when the tornado, with peak winds of 250 kilometres an hour, hit the area on March 19.
There was considerable damage in the towns of Koonoomoo, near Cobram and Bundalong, on Lake Mulwala.
Moira Shire Mayor Brian Keenan says help for those communities will be welcomed.
"I think that would give them both a physical benefit but also a great psychological boost, because quite a lot of them have got losses far in excess of that for which they were insured," he said.
Strathbogie Shire Mayor, Debra Swan, says her community has been hard hit.
"We've got a lot of farmers here and it's not only been from the fires, we've had flooding rains, we've had the tornado, and we've also had an extremely dry season,
"People are starting to struggle and it's taking its toll.
"Any assistance we can receive would be fantastic."
© ABC 2013
17:18 EST There are concerns that the first ever National Campdrafting Championship, to be held in southern Queensland late next month, could become the latest casualty of the drought.