uuuuuuuuugggggggggghhhhhhhhh #1

From an article in the New York Times, approximately 5,000 housing units in New Orleans are to be razed. Alphonso R. Jackson claimed that the houses were deemed unnecessary because of the abandoned area surrounding New Orleans. The projects are to be rebuilt and should be finished by 2007.

Following Hurricane Katrina, over $50 billion in damage has occurred in the New Orleans area. Homes remain destroyed, but overall, the city is still getting back to normal. "Planning for the new developments, which are to be financed by bonds, tax credits and federal housing money, has not begun", Alphonso R. Jackson said; Mayor C. Ray Nagin responded to Mr. Jackson's announcement enthusiastically.