Matters Under Review MUR Holding Disaster Recovery to Account

Louisiana desperate homeowners placing land with structures up for collateral.

52 hours after the August 2016 Louisiana flood we had hundreds people going street by street, house by house placing signs for Kitchens, Drywall, Flooring, Buying flooded homes, loans, property sales and several get rich quick in disaster zone types

By Contributor published 12-27-2017 updated 3-10-2023
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Louisiana Flood Victims act now and tell Governor Edwards to update the SBA DOB rules

HR 1892 passed. Duplication of Benefits for Louisiana flood victims that were credit worthy of an SBA loan but declined the loan. Restore LA managed by IEM Inc calculates flood victims DOB to include the SBA loan when homeowners declined the loan.

By Writers Pool published 3-13-2018 updated 3-10-2023
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S. 3041, Disaster Recovery Reform Act of 2018 Homeland Security and Governmental Affairs Committee Record

What does the S. 3041 Disaster Recovery Reform Act of 2018 which was once called H.R. 4460 - Disaster Recovery Reform Act do for homeowners with SBA Loans? In our opinion, nothing, but if you have news that will help we are listening.

By Supervisor published 6-13-2018 updated 6-21-2018
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Louisiana Disaster Victims identify SBA formula to calculate the ability to repay impossible to reach

When Louisiana disaster victims look for help from FEMA they expect to be treated fairly and equally. But when FEMA told thousands of disaster victims they had to apply for SBA loans it was at that point homeowners became victims of federal departments

By Murray Wennerlund published 7-12-2018 updated 7-12-2018
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Louisiana Homeowners Assistance Program Task Force are shown the SBA Loan Process Flow

To be declined a loan from the SBA you have to fail the pre-screening or not own a home basically. Once you score any any one point you are approved for an SBA Loan. You only have limited options to Withdraw and once you sign your closing you are approved

By Murray Wennerlund published 7-12-2018 updated 7-14-2018
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IMPORTANT FOLLOW UP for the 3800 SBA Declined issue for DR-4263 and DR-4277 Louisiana Flood Victims

Last Thursday Aug. 16, 2018 I sent the linked page as an email to all task force members. As public input allows I proposed a solution to FIX the SBA issue for those that DECLINED the SBA Disaster Loans. I need your help to deliver the message again.

By Murray Wennerlund published 8-20-2018 updated 8-20-2018
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Restore Louisiana Task Force Meeting July 13th 2018 Waivers Policy Clarification Vote Requests and Assistance

July 13th 2018 I will be reading for the Task Force 4 out of 6 proposals I have created designed to assist hundreds of Louisiana disaster victims capture more federal relief money that currently is being withheld as a duplication of benefits.

By Murray Wennerlund published 7-12-2018 updated 7-12-2018
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Full repair reimbursement plus SBA payoff leaves many Low to Moderate income families with nothing

Louisiana Task Force made up of individuals that represented the people voted last Friday, July 13, 2018 to hold 683 million in HUD CDBG-DR funds until Congress and HUD allow funds to be granted to SBA Disaster Loan recipients.

By Writers Pool published 7-21-2018 updated 1-15-2022
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State of Louisiana Reconstruction Guide from a Homeowners perspective that may end tragically

The state of Louisiana has outsourced nearly all the recovery processes from the 2016 floods that is making every flood victim look over policy not only once, twice, but weekly for any unannounced changes.

By Murray Wennerlund published 10-1-2018 updated 6-5-2019
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State of Louisiana accepted HUD Guidance Nov 16 2011 76 FR 71060 Duplication of Benefits policy

HUD Guidance Nov. 16, 2011 76-FR-71060 Duplication of Benefits policy. We have declined assistance from the SBA Disaster Loan Program and have Cancelled our approved loan based on our household debt burden and inability to repay.

By Contributor published 7-26-2018 updated 7-27-2018
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