Grant Letters for Louisiana
10,000 families will be able to rebuild their homes located in Louisiana that were destroyed due to the events of Hurricane Katrina. So far, this new grant has been put into effect for 50 families under the Road Home system, which has been the most important factor in rebuilding many of the homes in Louisiana. "The Road Home program is making progress and will not rest until 100 percent of our homeowners receive the money that we have made available to them, " said Ms. Blanco. The grants allotted to the homeowners are based on the value of their house before the storm. These values are reduced by the amount of homeowners insurance each party is collecting. However, any little bit that aids in the process is sure to serve as a big help, as homeowners received an average grant of $50,715.
This financial grant came at a crucial time when rebuilding efforts were finally starting to come around. This occurrence is similar to an event in the American Revolution in which Louis XVI gave a one million-dollar grant to America in May of 1776. Both these financial advances came at a time when both the foundations needed to be revitalized. Not to say that things weren’t progressing on their own, bu it is certain that this boost in the financial systems definitely helped to instigate and further the efforts. Louis XVI is similar to the Americans who donate to Katrina relief facilities every day, because they both were able to see the greater good that would arise from their generous contributions, even when the participation from the outside world seemed to be lacking.