HUD to pay $6. 2 million to La. Department of Housing and Urban Development said Wednesday that it will pay as much as $6. The formula for the federally funded Louisiana program awarded rebuilding grants up to $1. The suit argued that those rules hurt black homeowners, whose properties typically had lower values than whites. The settlement builds on changes the Obama administration and state of Louisiana made in the program nearly two years ago that allowed more than 1. The vast majority of the money contemplated in the settlement will be awarded to homeowners who are rebuilding in Orleans Parish. Homeowners in Cameron, Plaquemines and St. Bernard parishes also will be eligible for the grants. While some New Orleans neighborhoods are mostly recovered, others . Advocates say that is at least in part because homeowners there did not get enough money to rebuild after the storm. The agreement announced Wednesday will allow additional grant money to flow to homeowners who have been unable to rebuild because their original Road Home grants fell far below the average for their parishes. The CFPB recently launched a set of online tools and resources to help homebuyers and homeowners feel more confident, become. Bush Administration launches 'HOPE for Homeowners' program to help more struggling families keep their homes. HUD provides support to a nationwide network of. Housing Counseling Program News. This interactive online training is designed to help prepare housing counselors for the mandatory HUD.
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