The Latest From Mayor Nagin
The Mayor of New Orleans is now asking for 17 billion dollars to rebuild the levees to Category 3 capacity.
Louisiana’s senators, Republican David Vitter and Democrat Mary L. Landrieu, are pushing legislation for $250 billion in rebuilding aid.
The Federal Emergency Management Agency has approved $120 million for New Orleans to provide essential services and has sent the first installment of $20 million. Last month, Congress approved $18.5 billion to pay flood insurance claims.
Today, the Federal Housing Administration will announce a one-year program to pay the mortgages of 20,000 hurricane victims in the Gulf states with mortgage insurance.
Many mortgage companies voluntarily granted limited extensions on mortgages and foreclosures.
I wonder if the residents will attack the levee workers like they attacked the FEMA people in the Lower Ninth Ward recently.