New Orleans Recovery Loans
October 11th, 2006 | Published in Fed Data
Jean Guccione and Doug Smith of the Los Angeles Times used federal data to find that “most New Orleans-area property owners seeking government aid for hurricane damage are showing a strong preference for restoring their old neighborhoods rather than take the money to seek new horizons.” About 2 percent of the people who individuals approved for Small Business Administration loans for disaster assistance planned to transfer the money to a new property.