In the News: HUD Announces Disaster Assistance After Hurricane Ida
Property owners assess damage after the latest storm.
The Department of Housing and Urban Development (HUD) announced a package of 27 regulatory and administrative waivers aimed at helping communities accelerate their recovery from Hurricane Ida.
More than a week after Hurricane Ida made landfall in Louisiana, large parts of the region remained without power as property owners and residents worked to recover from the deadly storm.
Aaron Swain, president of property management and operations for Columbia Residential, says the firm’s New Orleans communities had some tree damage and roof shingles blown off, but no major flooding.
“No residents were displaced due to water infiltration or major storm damage,” he says. “Many residents also did evacuate as recommended by the city of New Orleans.”
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SOURCE: Affordable Housing Finance