Due to the State of Emergency declared on August 12, 2016 by Governor John Bel Edwards in response to the historic flooding in parts of Louisiana, and the inability of many insurance policy holders to repair their property within normal time frames because of a shortage of building materials, contractors, and construction workers, the Commissioner
On Friday, September 9, 2016, Louisiana Economic Development (LED) issued a flood damages assessment estimating that the historic August 2016 flood caused Louisiana businesses $2 billion in damages.
At peak, LED estimates that 278,500 Louisiana residents were unable to work due to temporary closures, suspension of operations, transportation impasses, and residential flooding.
LED commissioned the…
The federal government has been authorized to cover a larger percentage of the costs for repairing damage to public infrastructure caused by the recent flooding in South Louisiana.
According to a letter dated September 8, 2016, from President Obama to Louisiana Governor John Bel Edwards, the federal cost share for public assistance projects has been…
A recent article from HousingWire examines the impact of the 2016 Louisiana floods on the housing market of the city of Baton Rouge and surrounding areas.
The article notes that prior to the flooding, the supply of available housing in Louisiana’s capital city was already low.
Now, after thousands have been displaced from their homes…
Greater Baton Rouge Business Report has published four articles relevant to businesses after the Louisiana floods:
- Preserving Your Brand After a Disaster is Critical
- Landlords Have Obligations After the Flood
- IRS Offers Resources for Reconstructing Lost Financial Records, Documenting Claims
- The Latest Resources for Businesses
New resources available for Louisiana parishes affected by the flood:…