FAQ#: 158 published 8-15-2019
State of Louisiana OCD-DRU Action Plan Amendment 12 asks HUD for approval to change SBA Loan repayment multiplier based on hardship matches.
APA 12, Page 19 the State of Louisiana Office of Community Development spells out hardships only after it spells out the option to change the repayment multiplier from 0.50 to anything between 0.0 and 100.
"Dependent on the proportion of applicants with incomes in excess of 120% AMI who also meet one or more of the approved hardship criteria, the state reserves the right to adjust this multiplier accordingly if it can do so and remain within required overall LMI benefit parameters."
Hardship Criteria for Homeowner Populations with Incomes Exceeding 120% AMI.
The information provided on page 19 of the Restore Louisiana Homeowners Program Action Plan Amendment 12 appears to not include young, healthy singles, couples in the >120% AMI income bracket. This could be offset by repealing some programs for Economic Development and Infrastructure not targeted to the below 80% AMI Community.
Secured Federal USDA Single Family Housing Repair Loans up to $40,000 for 20 years at 1 percent interest and Grants of up to $10,000.
FAQ#: 453 published 4-19-2022 1 min. 50 seconds read
How to help homeowners with their construction projects without requiring a license in Louisiana §309. Construction Management [Formerly §119]
FAQ#: 456 published 4-19-2022 3 min. 35 seconds read
SBA Reconsideration Loan: My home was hit by Hurricane Sally I am in need of an SBA loan to repair my home. Please reconsider my denied application.
FAQ#: 459 published 4-18-2022 2 min. 44 seconds read
How to calculate your Wind, Snow, Tornado and Seismic risk assessment and apply that information to better home building.
FAQ#: 458 published 3-5-2022 2 min. 31 seconds read
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How do I know if my mortgage is federally backed or federally secured? COVID-19 Housing Assistance Program Appeals Process.
FAQ#: 460 published 1-13-2022 2 min. 50 seconds read
Reconsideration of Declined Loan Applications SBA Economic Injury Disaster Loan (EIDL)
FAQ#: 235 published 4-23-2020 updated 1-4-2022 4 min. 48 seconds read
We have hundreds of homeowners looking for experienced trade professionals. We only ask for proof you are who you say you are. It's time you publish your work, from start to finish and show details so we can all see your quality. Homeowners are sick and tired of day labor contractors. Follow this link to create your account.
Reconsideration of Declined EIDL add Personal Financial Statement Disaster Programs SBA Form 413D (03-18) to your document list.
FAQ#: 403 published 8-6-2020 updated 12-31-2021 1 min. 54 seconds read
FEMA Resource for Substantially damaged homes
FAQ#: 384 published 4-25-2021 updated 12-31-2021 1 min. 27 seconds read
We are looking for Skilled Trade Contractors for remodeling, repair, reconstruction and new construction of residential homes. You must be willing to work at 20% overhead / commission. Contact us today!.
Insurance company issued a two-party check for hurricane damage repairs but my mortgage handler is holding the money from me. Why are they doing this?
FAQ#: 455 published 12-30-2021 3 min. 44 seconds read
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