Louisiana Gets 6.2 Billion Housing Grant For Rebuilding From Hurricane
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Not surprising, Louisiana is receiving the largest amount of a 11.5 billion dollar grant from Congress.
Louisiana will receive $6.2 billion in federal block grant assistance – the maximum it was eligible to receive – it was announced by HUD Secretary Alphonso Jackson Wednesday.
Jackson, along with Gulf Coast rebuilding coordinator Donald Powell, announced the distribution of $11.5 billion allocated by Congress.
The block grants allow the individual states to determine how best to use the funds during their recovery. Jackson said he hoped that the majority of the money would be used to help secure housing for displaced residents.
“Today, we take another major step toward fulfilling the President’s pledge to rebuild the Gulf region,” said Jackson. “This is an investment in long-term recovery and re-building lives. It’s my hope that families who once had a home, can return home.” via WWLTV.com.
This can be a good thing for people in trouble, but the question is still what is going to be ...
Not only is real estate a bright spot it should be a part of everyone's IRA and 401K account because ...
Okay with the market the way it is......I have found another path for real estate.....you dont become a land lord...you ...
The housing and credit markets are a mess right now. Several major banks that engaged in questionable subprime mortgage lending ...
Also, check out new private contracts that can allow you to guarantee that you will not loose your investment in ...
Brilliant use of promotion. Here it is being used on Reseda Blvd in Northridge, CA at Meridian Place Apartments! Wow ...
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
