Tuesday, December 11, 2007

Recovery Cash Slated For Parishes

With the official release Monday of $3 billion from the federal government to plug the Road Home gap, Louisiana's hurricane recovery leaders can finally dole out a half billion to local governments they have been holding on to just in case.

The Louisiana Recovery Authority is expected to allocate the recovery cash to 23 affected parishes at its monthly meeting in Baton Rouge today, in what will amount to a huge shot in the arm for the state's most ravaged parishes.

New Orleans is expected to collect the lion's share of the money, at $296 million. If approved, it would be the largest single allocation of hurricane relief sent to a local government to date. |Read on|

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