As announced today by Congressman Garret Graves, the United States Department of Housing and Urban Development (HUD) will allocate $13 million of “sanction funds” to aid recovery in Baton Rouge and Lafayette.

Sanction funds are previously unused fund recuperated from grantees and may be used for infrastructure needs, small business and economic development needs,

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

The Federal Emergency Management Agency (FEMA) and the City of New Orleans will host a September 15 workshop providing information on FEMA’s new Flood Insurance Rate Maps (FIRMs) that become effective on September 30, 2016.

Many New Orleans residents and businesses are expected to see decreases in their flood insurance costs due to improvements in

The Louisiana flood disaster unfortunately brings to the fore a unique set of issues for banks and financial institutions, both those located in south Louisiana and those who have customers impacted by the flooding. Many financial institutions have branches, offices, and operation centers that sustained flood damage. Many more have customers whose homes were flooded

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:

Editors’ note: This post was updated with new information on Thursday, August 25, 2016. 

On August 24th, Chief Judge Brian Jackson of the United States District Court for the Middle District of Louisiana issued an order terminating the suspension of all deadlines subject to the court’s previous omnibus order, which temporarily suspended all deadlines pending