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For Immediate Release
Office of the Press Secretary
Contact: 202-282-8010
September 15, 2005
Federal support to state and local officials, volunteer organizations and families who have been devastated by Hurricane Katrina continues around the clock in an effort to provide recovery support to those affected by this unprecedented natural disaster. Federal assistance to households will help them get on the road to recovery. The following facts provide an update to some of the important activities and approximate numbers as of 2 p.m. EDT:
Households in thousands:
Household Assistance Funds
More than 122,000 people are currently housed in shelters throughout all 50 states and the District of Columbia. This number is expected to continue to decrease as people are provided long-term housing.
SBA disaster loans are the primary source of federal funds for repairing or rebuilding disaster damage to private property owned by homeowners and renters. Homeowners may borrow up to $200,000 to repair or replace damaged or destroyed real estate. Homeowners and renters may borrow up to $40,000 to repair or replace damaged or destroyed personal property, including vehicles.
Department of Agriculture Rural Development’s single-family home loan programs, which have enabled thousands of rural Mississippi families to build or purchase homes over the past decades, will soon be extended to non-rural areas such as Hattiesburg and the Mississippi Gulf Coast in order to help families affected by Hurricane Katrina.
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This page was last modified on September 15, 2005