FEMA forgives millions in Katrina loans - KALB-TV News Channel 5 & CBS 2

FEMA forgives millions in Katrina loans

Posted: Updated:
© MGN Online © MGN Online

 

GRETNA, La. (AP) - The Federal Emergency Management Agency has forgiven tens of millions of dollars in community disaster loans it made to Jefferson Parish and to the St. Tammany Parish Sheriff's Office after Hurricane Katrina.

Officials say the cancellations free Jefferson Parish of having to repay its original $54.8 million loan and $11.1 million in accrued interest. The St. Tammany Sheriff's Office is relieved of repaying a $9.9 million loan. Sen. Mary Landrieu's office made the announcements this week.

The New Orleans Advocate reports (http://bit.ly/17ilL4I ) that the loan forgiveness resulted from several years of wrangling with FEMA over eligibility requirements that had excluded many southeast Louisiana governments and organizations from having their loans forgiven. Landrieu earlier this year had a rule change added to the 2013 Homeland Security Appropriations bill.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Missing child found stuck inside claw machine

    Missing child found stuck inside claw machine

    Wednesday, April 16 2014 10:28 AM EDT2014-04-16 14:28:10 GMT
    LINCOLN, Neb. (CBS News) -- A little boy is safe after an unexpected play date inside a claw machine. A 24-year-old woman called 911 on Monday night to say her 3-year-old son had disappeared from herMore >>
    LINCOLN, Neb. (CBS News) -- A little boy is safe after an unexpected play date inside a claw machine.More >>
  • Avoyelles business to get $1.3 million loan

    Avoyelles business to get $1.3 million loan

    Tuesday, April 15 2014 5:36 PM EDT2014-04-15 21:36:24 GMT
    ALEXANDRIA, La. (KALB News Channel 5)- Today the U.S. Department of Agriculture and Rural Development will present an Avoyelles Parish business with a $1.3 million Business & Industry Guaranteed Loan.More >>
    ALEXANDRIA, La. (KALB News Channel 5)- An Avoyelles Parish woman with a successful business in Bunkie will now have the opportunity to start another business in the small community. It's thanks to her hard work and the help of the government.More >>
  • Man arrested for bringing marijuana inside Rapides Courthouse

    Man arrested for bringing marijuana inside Rapides Courthouse

    Tuesday, April 15 2014 6:23 PM EDT2014-04-15 22:23:40 GMT
    ALEXANDRIA, La. (KALB News Channel 5) - On Tuesday April 15, at approximately 8:50 a.m., a deputy assigned to Courthouse Security was working the metal detector when a subject that was attempting to enterMore >>
    ALEXANDRIA, La. (KALB News Channel 5) - On Tuesday April 15, at approximately 8:50 a.m., a deputy assigned to Courthouse Security was working the metal detector when a subject that was attempting to enter the courthouse for business, kept setting off the detector.More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.