[StBernard] Road Home Weekly Program Update

[Westley Annis]

Latest Program Statistics
As of October 122, 2007


Total applications recorded to date:	185,917*	

	Appointments held: 

*	Initial appointments held: 159,014
*	Advisory Services appointments held: 30,877

189,891


	Benefits calculated: 
	135,717	

	Benefit options selected (total): 


*	Option 1 - 84,758
*	Option 2 - 8,905
*	Option 3 - 2,321

102,115



	Amount of benefits calculated:	$8.9 billion	

	Average benefit calculated:	$65,851	
	Average award disbursed:	$68,408**
	

	Total amount of awards disbursed:	$4.04 billion**	

	Closings scheduled:	1,113***	

	Closings held:	61,428	
* Applications postmarked by July 31, 2007 are still being accepted. This is not considered a final application count at this time.
** These numbers are reported as of October 19, 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 10.22.07 <http://www.roadcommunications.com/action.cfm?md=emaillist&task=addMessageClickThru&msgid=304&uid=hSkTePk%2Fme&encoded=1&redirect=http%3A%2F%2Fwww%2Eroadcommunications%2Ecom%2Fassets%2Fdocs%2FRH%2520Program%2520Update%2520102207%2Edoc>  (Word/7.85 MB )


NOTE: Parish and ZIP code data below is based on number of applications received as of 10/18 (185,912). 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 10/22 (185,917).

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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.