La. taking applications for Katrina loan program - FOX 8 WVUE New Orleans News, Weather, Sports

La. taking applications for Katrina loan program

Updated:

BATON ROUGE, La. (AP) - The state of Louisiana is accepting applications for a program offering low-interest loans of up to $5 million to businesses affected by hurricanes Katrina and Rita in 2005.

The state Office of Community Development said in a statement Wednesday that the loans are designed to address "unmet business recovery needs" and stimulate economy recovery.

Funding for 11 projects already has been approved through the "Project-Based Opportunity Program."

The loans are funded by federal grants from the Department of Housing and Urban Development.

Sign up for emails from FOX 8 Live

Get news and forecasts from FOX 8 delivered to your inbox by signing up for the lists below.

Log InNot you? Log out






Thank you for signing up! You will receive a confirmation email shortly.
Powered by WorldNow

Fox 8 WVUE-TV
Louisiana Media Company, LLC.
1025 S. Jefferson Davis Parkway
New Orleans, LA 70125

General Number: (504) 486-6161
News Tips: (504) 483-1503
News Room Fax: (504) 483-1543

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WVUE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.