Road Home
Road Home is a program funded by the U.S. government which has provided historical federal money for helping Louisiana residents rebuild or sell houses severely damaged by Hurricanes Katrina and Rita. The Road Home is a federally funded grant program administered by the State of Louisiana. According to their web site,[1] as of December 2017, the program had disbursed a total of $9.022 billion in awards to 130,052 individual homeowners in the area, with grants averaging $69,379 each. These are cash grants, not low interest loans, and are received income tax free. They are on top of insurance awards, private or federal, which may have already been received.
Additionally, the program has been extended to provide cash grants to facilitate the elevation of homes in flood prone areas. According to the Road Home web site, "32,389 applicants have received elevation disbursements totaling $942,865,530".[1]
Like the Federal Emergency Management Agency (FEMA), Road Home has been the target of criticism.[2]
References
- ^ a b "The Homeowner Assistance Program: Situation & Pipeline Report #473 December 2017" (PDF). road2la.org. State of Louisiana, Division of Administration, Office of Community Development. January 2, 2018. Retrieved 5 March 2018.
- ^ See, e.g., the English Wikipedia article on the Times-Picayune.
External links