HUD AND LOUISIANA ANNOUNCE SETTLEMENT AGREEMENT
TO END LEGAL CHALLENGE TO ROAD HOME PROGRAM
Approximately 1,300 homeowners in four parishes to receive $62 million in additional compensation
WASHINGTON – Homeowners living in Cameron, Orleans, Plaquemines, and St. Bernard Parishes may be eligible for additional compensation under the Louisiana’s Road Home Program under the terms of a settlement agreement announced today by the U.S. Department of Housing and Urban Development (HUD), the State of Louisiana and plaintiffs in a federal housing discrimination lawsuit. Read the full text of the agreement.
Filed under Fair Housing Act, HUD, Hurricane Recovery Issues, Loans & Grants, Road Home by 
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) and the U.S. Department of Housing and Urban Development (HUD) are issuing an updated remediation protocol for homes with problem drywall. A study conducted on behalf of CPSC by Sandia National Laboratories in New Mexico, finds no evidence of a safety hazard to home electrical systems. Sandia simulated long-term exposure of wiring and other electrical components to hydrogen sulfide gas, which is associated with problem drywall.
Filed under Healthy Homes, HUD, Hurricane Recovery Issues, Landlords, Rehabilitating Homes by
The Louisiana Housing Finance Agency (LHFA) today released a memo describing how it will award its remaining Tax Credit Assistance Program (TCAP) funds. Properties that have achieved prior environmental clearance can apply for up to $1.5 million in TCAP funds. LHFA will award points to properties based on the amount of TCAP money that they have already expended and the amount of funding that they are requesting. LHFA will accept applications until 4:30 p.m. February 25. Staff will post preliminary rankings no later than 4:30 p.m. March 7 and LHFA’s Board of Commissioners will approve the staff-submitted properties on March 16. More information about the submission procedures can be found inLHFA’s memo.
Filed under Affordable Housing, Affordable Housing News, Hurricane Recovery Issues by
