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Disaster Aid: HUD Provides $2 Billion for Rebuilding

12/03/2008

By Tom Ichniowski and Bruce Buckley

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The Housing and Urban Development Dept. on Nov. 26 parceled out $2.1 billion in Community Development Block Grants to help 13 states and Puerto Rico rebuild from 2008 storms and other natural disasters. Texas gets $1.3 billion, Louisiana $438 million and Iowa $125 million. Some funds can go for infrastructure repairs. The allotment is part of $6.5 billion in CDBG disaster aid contained in a spending bill enacted on Oct. 1.

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