Louisiana gets $1.2 billion line of credit for flood mitigation
18 Sep 2020
Flood Mitigation, Latest News
The federal government has granted Louisiana a $1.2 billion line of credit for flood mitigation, Gov. John Bel Edwards said Thursday.
The U.S. Department of Housing and Urban Development is providing the funding to support the flood mitigation action plan that HUD approved in February.
“We are prepared to begin spending these long-awaited funds on programs and projects that address some of our state’s most immediate flood mitigation priorities, as well as provide us the tools we need for a more resilient future,” Edwards said in a prepared statement.