September 15, 2010
HUD RELEASES FIRST COMPREHENSIVE HOUSING SURVEY OF NEW ORLEANS METROPOLITAN AREA SINCE HURRICANE KATRINA
Data shows 13 percent drop in housing units, 33 percent hike in housing costs since 2004
Data shows 13 percent drop in housing units, 33 percent hike in housing costs since 2004
NEW ORLEANS – In the five years since Hurricane Katrina struck the Gulf coast, the New Orleans metropolitan area lost 75,000 housing units or nearly 13 percent of its housing stock. In addition, the median monthly cost of housing rose by nearly 33 percent, from $662 in 2004 to $882 in 2009. These are among the key findings of a new housing survey presented today by the U.S. Department of Housing and Urban Development.
Filed under HUD, Hurricane Recovery Issues by
August 27, 2010
WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan awarded nearly $312 million to 13 states to invest in efforts to reduce the human, physical, and economic toll of future disasters. The grants announced today are provided through HUD's Disaster Recovery Enhancement Fund (DREF) and are intended to encourage states to undertake activities and long-term strategies that focus on reducing damages from future natural disasters.
More on HUD Awards $34 M to Louisiana for Grants to Reduce Damages from Future Disasters
Filed under Community Development, Hurricane Recovery Issues, Loans & Grants, Rehabilitating Homes by