Monday, April 23, 2007

No Forgiveness for Loans Borrowed by Cities to Help Recover from Katrina

No Forgiveness for Loans Borrowed by Cities to Help Recover from Katrina: "Over a year ago GulfCoastNews.com was reporting that cities and counties in the Katrina Disaster Zone were struggling to get by borrowing money to help them keep going and pay to restore services. At the time, they did not know for certain whether they would actually have to repay the money and hoped the loans would eventually be forgiven. Now they know."

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