[StBernard] Rental Award Statistics

[Westley Annis]

Rental Award Statistics
     Over $202 million in federal funds, including $10 million
     specifically set aside for nonprofit organizations, has been awarded
     to rental property owners in Round 1.
     The $202 million in federal funds will be awarded to help restore
     more than 5,200 rental units in 13 of the most damaged parishes in
     South Louisiana. Of those, 4,075 will offer affordable rental units
     to low- to moderate income level working families. The other units
     will be occupied by owners in small rental properties and market rate
     tenants in mixed income buildings.
     The breakdown of award dollars is as follows:

|------------------------------------+------------------------------------|

|Parish                              |Total Round 1 Allocation            |

|------------------------------------+------------------------------------|

|Acadia                              |$364,200                            |

|------------------------------------+------------------------------------|

|Calcasieu                           |$3,071,350                          |

|------------------------------------+------------------------------------|

|Cameron                             |$1,155,100                          |

|------------------------------------+------------------------------------|

|Iberia                              |$382,900                            |

|------------------------------------+------------------------------------|

|Jefferson                           |$25,367,175                         |

|------------------------------------+------------------------------------|

|Orleans                             |$145,606,225                        |

|------------------------------------+------------------------------------|

|Plaquemines                         |$3,161,550                          |

|------------------------------------+------------------------------------|

|St. Bernard                         |$14,654,150                         |

|------------------------------------+------------------------------------|

|St. Tammany                         |$6,617,450                          |

|------------------------------------+------------------------------------|

|Tangipahoa                          |$282,000                            |

|------------------------------------+------------------------------------|

|Terrebonne                          |$419,000                            |

|------------------------------------+------------------------------------|

|Vermilion                           |$538,000                            |

|------------------------------------+------------------------------------|

|Washington                          |$410,000                            |

|------------------------------------+------------------------------------|

|Total (All)                         |$202,029,100                        |

|------------------------------------+------------------------------------|


              .         The two parishes that received the most funding
              were Orleans, receiving approximately 72%, and Jefferson,
              receiving approximately 13%.
     Nonprofit organizations received approximately $10 million (5%
     set-aside of Round 1 funds). 80 nonprofit applications were
     conditionally awarded incentives to 174 rental units in the most
     heavily damaged areas.
           Those nonprofit organizations receiving incentives are most
           likely to offer housing to people with special needs. This
           includes people with disabilities, homeless families, the
           elderly, persons with special needs and/or "at risk" youth.
     The breakdown for award dollars for nonprofits is as follows:

|------------------------------------+------------------------------------|

|Parish                              |Total Round 1 Allocation            |

|------------------------------------+------------------------------------|

|Calcasieu                           |$347,300                            |

|------------------------------------+------------------------------------|

|Jefferson                           |$3,539,400                          |

|------------------------------------+------------------------------------|

|Orleans                             |$5,440,875                          |

|------------------------------------+------------------------------------|

|Total (All)                         |$9,327,575                          |

|------------------------------------+------------------------------------|



     The Road Home Small Rental Property program received over 6,500
     applications at the close of Round 1, and has determined there will
     be an estimated 2,693 awardees.