[StBernard] Joe Biden: $705 million in federal loans to local parishes to be forgiven

[Westley Annis]

St. Bernard Recreation Center in  New Orleans ?




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Joe Biden: $705 million in federal loans to local parishes to be forgiven
By Bruce Nolan, The Times-Picayune 
January 15, 2010, 1:38PM


Vice President Joe Biden said Friday that the Obama administration will
forgive $705 million in storm-relief loans to Orleans and other parishes in
the metropolitan area. 
Speaking at the St. Bernard Recreation Center in New Orleans, Biden invited
communities to file formal applications to waive the loans, but assured them
the loans will be forgiven.

The announcement forgives federal loans to Orleans Parish of $458 million;
to Jefferson Parish of $122 million; to St. Tammany Parish of $74 million;
to St. Bernard Parish of $33 million; and to Plaquemines Parish of $18
million, according to figures released by Sen. Mary Landrieu's office.