[StBernard] Buy-out plan

[Westley Annis]

Craig,
	Have you considered how SBA loans will be figured into any buy-out
and/or grant?  If someone who didn't buy insurance (1) gets paid the value
of their home to pay off a mortgage AND (2) gets a low-interest 2% SBA loan
to rebuild, that doesn't seem fair to me.  Those of us with insurance (1)
get the insured value of our home to pay off the mortgage (of course, we
paid insurance premiums for that), but (2) we don't get a 2% SBA
low-interest loan to rebuild -- we have to borrow from a bank at 6%.  Those
of us who had insurance were not eligible for SBA 2% low-interest loans
precisely because we had insurance.   In other words, those without
insurance come out ahead -- we both get the value of our houses in a cash
payment (to pay off a mortgage, presumably) but they get a low interest SBA
loan and I don't.  Seems to actually penalize me for insurance.   Am I
missing something?  If insurance money is going to factor in against me, it
seems to me that it should factor in either for the SBA 2% loan, or for the
federal buy-out/grant money, but not for both.  

CM