Industry News

Congress to discuss Katrina housing relief

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A Congressional subcommittee will meet on Thursday to discuss the critical housing needs in the aftermath of Hurricane Katrina. The Subcommittee on Housing and Community Opportunity, chaired by Rep. Robert W. Ney (Ohio), will meet on Thursday at 10 a.m. in room 2128 of the Rayburn Building for a hearing. Approximately 1.2 million people who receive some form of assistance for housing have been affected by Hurricane Katrina, including 40,000 people in New Orleans, according to the Department of Housing and Urban Development and the Department of Agriculture's Rural Housing Service, "In the aftermath of Hurricane Katrina, federal, state and local governments now face the task of coordinating the relocation of thousands of individuals and families whose lives have been uprooted and homes have been lost," Subcommittee Chairman Ney said. "While the recovery effort continues, we must begin to examine the range of short-and long-term housing issues that will need to be addressed in the ...