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re: Audit: FEMA owed $2 billion from New Orleans for replacing sewer infrastructure

Posted on 7/27/17 at 1:12 pm to
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41280 posts
Posted on 7/27/17 at 1:12 pm to
quote:

If you have insurance on your 20 year old roof when a storm passes through, your insurance wouldn't cough up 100% of replacement costs.


the total cost to replace is $8 billion, FEMA paid 25% of that ($2 billion)
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