Biloxi, MS – November 16, 2010 – (RealEstateRama) — U. S. Housing and Urban Development Secretary Shaun Donovan and Mississippi Governor Haley Barbour today announced the approval of a $132 million disaster recovery plan proposed by the State of Mississippi that will direct federal funding to Hurricane Katrina housing recovery in southern Mississippi. Primarily funded through HUD supplemental disaster recovery Community Development Block Grant (CDBG) funds, the program supports the long-term recovery in the wake of Hurricane Katrina. The plan includes a new Neighborhood Home program that will repair low-and-moderate-income homes damaged by Hurricane Katrina and assist qualified low-and-moderate-income families to occupy Mississippi Cottages and find rental housing.
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