Federal assistance for homeowners and low-income has been promised to dozens of Texas counties and Louisiana parishes in the wak of Hurricane Ike.
The presidential disaster declaration triggered a variety of federal assistance, including grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses and other programs to help individuals and business owners recover from effects of the disaster.
In certain storm and flood-ravaged counties, the U.S. Department of Housing and Urban Development has granted a 90-day moratorium on foreclosures of FHA-insured home mortgages.
Source: HUD