[StBernard] Road Home Weekly Program Update

[Westley Annis]

The Road Home <http://www.roadcommunications.com/action.cfm?md=emaillist&task=addMessageClickThru&msgid=262&uid=hJk%5Ee3kUmd&encoded=1&redirect=http%3A%2F%2Fwww%2Eroad2LA%2Eorg> 	 
 <http://www.roadcommunications.com/emailtemplates/images/homeOwnr/imgSpacer.gif> 	FOR IMMEDIATE RELEASE

Contact:
Gentry Brann
225-439-1984
gbrann at road2la.org

Latest Program Statistics
As of July 30, 2007


Total applications received and recorded to date:	174,262	

	Appointments held: 

*	Initial appointments held: 129,099
*	Advisory Services appointments held: 19,443

148,542



	Benefits calculated: 
	111,820	

	Benefit options selected (total): 


*	Option 1 - 59,401
*	Option 2 - 7,725
*	Option 3 - 2,007

69,133


	Amount of benefits calculated:	$7.765 billion	

	Average benefit calculated:	$69,446	
	Average award disbursed:	$73,446*
	

	Total amount of awards disbursed:	$2.74 billion*	

	Closings scheduled:	775**	

	Closings held:	39,126	
* These numbers are reported as of July 26, 2007.
** The number represents all closings currently scheduled to occur in the future.

For a full report of Parish and Zipcode data, please access the following link: 
Road Home Program Update 7.30.07 <http://www.roadcommunications.com/action.cfm?md=emaillist&task=addMessageClickThru&msgid=262&uid=hJk%5Ee3kUmd&encoded=1&redirect=http%3A%2F%2Fwww%2Eroadcommunications%2Ecom%2Fassets%2Fdocs%2FRH%2520Program%2520Update%2520073007%2Edoc>  (Word/7.6 MB )


NOTE: Parish and ZIP code data below is based on number of applications received as of 7/26 (167,934). However, in an effort to provide you with the most up to date application information we are reporting above is the latest number of applications as of 7/30 (174,262).

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The Road Home program is designed to provide compensation to Louisiana homeowners affected by Hurricanes Katrina or Rita for the damage to their homes. This groundbreaking program represents the largest single housing recovery program in U.S. history. Working together, Gov. Kathleen Babineaux Blanco, the Louisiana Recovery Authority and the Office of Community Development created The Road Home program with the approval of the Louisiana Legislature. The program affords eligible homeowners up to $150,000 in compensation for their losses to get back into their homes. 

To start your application to The Road Home program, visit
www.road2la.org <http://www.roadcommunications.com/action.cfm?md=emaillist&task=addMessageClickThru&msgid=262&uid=hJk%5Ee3kUmd&encoded=1&redirect=http%3A%2F%2Fwww%2Eroad2la%2Eorg> 
or call 
1.888.ROAD.2.LA (1.888.762.3252).
TTY callers use 711 relay or 1.800.846.5277.