Wednesday, July 26, 2006

The Road Home

Tonight I watched a show on LPB, Louisiana Public Broadcasting, about "The Road Home," the Louisiana Recovery Authority's home-rebuilding plan. Governor Blanco was on the panel, as well as Walter Leger, head of the LRA's Housing Task Force. (Here's the website to the show here.)

I'm glad I watched it because I learned that there should be assistance options even for people who think they don't qualify, because their insurance paid out fairly. Simply put, the LRA is covering people up to 150,000 dollars, minus whatever your insurance pays. So if, like me, you owned a modest house that was destroyed, even with a full insurance payout you might still earn an LRA grant to help you rebuild or relocate. There are also low-interest loans available. Once you register with the LRA, a financial counselor will call you to discuss your options. "There will be 123,000 different solutions," Walter Leger said, alluding to the 123,000 owner-occupied homes destroyed by Katrina and Rita.

So, even if you thought you wouldn't get anything, you should still register with the Louisiana Recovery Authority. You never know. The intent is to rebuild, after all.

You can register online. Here is the Road Home program's website: .

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