buried_lede t1_j2bb80e wrote
Reply to comment by No-Communication9979 in Million-dollar CT homes were rebuilt with disaster aid. Former housing official says rules were followed by -ctinsider
No. Income is a bigger factor. Higher incomes qualify for low interest SBA disaster relief loans and they got those too. As the experts quoted in this and the longer Politico story, those particular HUD funds are the only disaster funds available to the lowest income property owners. The others had more than one stream. They also tend to be savvier about flood insurance to ensure it covers what they want it to and is supposed to.
Viewing a single comment thread. View all comments