To date, the Road Home has received more than 184,000 applications, and more than 67,000 homeowners have received their awards, totaling more than $4.2 billion. At the current rate of grant payouts of 10,000 a month, and at the current average award per grant of $70,000 per homeowner, the Road Home program is projected to exhaust its existing budget just after the first of the year.
Hurricanes Katrina and Rita devastated South Louisiana, claiming 1,464 lives, destroying more than 200,000 homes and 18,000 businesses.
OpEdNews is here in New Orleans, and people just want to go home. But, the road home is long and hard and sad.
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