Plans for spending more than $1 billion in newly approved federal flood recovery money will be discussed at a Jan. 6 meeting of the Restore Louisiana Task Force.
U.S. Housing and Urban Development Secretary Julian Castro announced Friday that Louisiana would receive more than $1.2 billion, part of a disaster relief package approved by Congress earlier this month.
Gov. John Bel Edwards said in a news release that federal rules require the state to present a plan to HUD before the money can be spent. He said he and the Louisiana congressional delegation worked to secure the money. It’s in addition to $438 million earmarked for Louisiana in September.
Edwards said the money doesn’t cover all of the state’s needs but marks a “significant milestone in our recovery.”
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Insurance Broker Valuations – The Elephant in the Room 
Farmers Insurance Plans Historic, Rapid Expansion of Agency Force 
Axios Software Tool Used by Millions Compromised in Hack 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
