Posts Tagged ‘loan forgiveness’

Communities buy more time for Katrina aid forgiveness

MISSISSIPPI GULF COAST — With the deadline extended for federal forgiveness on Hurricane Katrina disaster loans, political entities on the Mississippi Coast are asking one last time. The cancellation deadline has been extended to April 2014, former Bay St. Louis Mayor Eddie Favre told the Sun Herald. In addition, political jurisdictions are allowed to show […] [...]

FEMA forgives county’s Hurricane Katrina loan

JACKSON COUNTY — The government has forgiven $10.5 million that Jackson County borrowed after Hurricane Katrina from FEMA’s Community Disaster Loan program. The Sun Herald reports the announcement came today during the county board of supervisors’ meeting. Over the years, the debt had grown to $12.6 million with interest. In a previous round of consideration, […] [...]

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