Nonprofit Rebuilding Pilot ProgramYesterday the Louisiana Recovery Authority (LRA) Board approved its plan to establish a Nonprofit Rebuilding Pilot program. Originally the LRA proposed funding the pilot program at $5 million, but the Board approved a sizeable increase and raised the amount to $20 million. This is great news for nonprofit developers!
The board offered preliminary approval for the pilot program back in April. They opened a public comment period to gather input from the community and as a result of that feedback the LRA increased the funding level because of the great need for housing, and the strong work shown by nonprofits to assist those struggling to rebuild.
The program will award competitive grants to nonprofits and other organizations that have a proven track record in assisting homeowners to meet gaps in their rebuilding resources. Now the program must go before the Joint Legislative Committee on the Budget to be approved by the Louisiana Legislature before the state submits it to the U.S. Department of Housing and Urban Development for final approval.
LANO hopes that the forthcoming process of approval will be fast and smooth so that nonprofits can start applying for the funds soon. For more detailed information about the program please contact Elisabeth Gehl at
elisabeth@lano.org.
Emergency Rental AssistanceThe LRA board also reallocated $5 million in unallocated funds from the Small Rental Property Program to the state's Rapid Rehousing program, which is run by nonprofit agencies under a contract with the state Department of Social Services. The additional funds will bring the program's total available funding to $12.7 million.
The LRA is working with FEMA, HUD, DSS and other state and nonprofit partners to assist those residents who are moving out of their FEMA trailers and off of the Disaster Housing Assistance Program (DHAP), which ends this fall. The Rapid Rehousing program is a key element of the state's strategy for ensuring that those affected by hurricanes Katrina and Rita do not become homeless when temporary disaster assistance ends.
Rapid Rehousing funds are used to offer temporary rental assistance, pay utility connection fees and other costs necessary to assist families threatened by homelessness. Following a federally required public comment period, the state will submit its plan to add funds to the program for HUD approval.