1.0 link 120477 <![CDATA[All Those Federal Funds: Why the New Orleans Recovery is Slow]]> http://www.huffingtonpost.com/harry-shearer/all-those-federal-funds-w_b_120477.html For commenters to my posts on New Orleans who keep asking a variant of "why, with all the federal billions sent down there, is the city's recovery so slow?", an authoritative answer is now available, thanks to this report in today's Times-Picayune.

Some highlights:

Researchers concluded that "enormous obstacles" blocked the recovery for homeowners, most of whom faced shortfalls to rebuild, and renters, who cannot find moderately priced places to rent.

In New Orleans, 81 percent of Road Home recipients received awards...

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