[StBernard] Road Home Weekly Program Update

[Westley Annis]

Latest Program Statistics
As of January 28, 2008

Total applications recorded: 	185,106 (final) 	
Appointments held: 	

*	Initial appointments held:
*	Advisory Services appointments held:

166,093 (final)
44,604 	
Eligible applicants:	159,406 	
Benefits calculated:	154,798 	
No funding: 	1,294 	
Elevation only: 	14,623 	
Sold home prior to application: 	3,713 	
Benefit options selected (total): 	131,945 	

*	Option 1 - 112,998
*	Option 2 - 9,826
*	Option 3 - 2,726
*	Decline benefits - 1,428 
*	Delay benefit selection - 4,434

	
Total amount of benefits calculated: 	$9.5 billion 	
Average benefit calculated: 	$61,230 	
Total amount of awards disbursed: 	$5.7 billion* 	
Average award disbursed: 	$60,450*	
Closings scheduled: 	1,213 	
Closings held: 	95,556 	

* These numbers are reported as of January 25, 2008.

For a full report of Parish and Zipcode data, please access the following link: Road Home Program Update 1.30.08 <http://www.roadcommunications.com/action.cfm?md=emaillist&task=addMessageClickThru&msgid=345&uid=hjk6eVktmy&encoded=1&redirect=http%3A%2F%2Fwww%2Eroadcommunications%2Ecom%2Fassets%2Fdocs%2FRH%2520Program%2520Update%2520013008%2Edoc>  (Word/8.1 MB) 


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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.