House Financial Services Subcommittee on Housing,
Community Development, and Insurance. Cleaver was selected unanimously by his Democratic colleagues to chair the powerful subcommittee. It is my great honor to be selected by my colleagues as the Chair of the Subcommittee on Housing,
Community Development, and Insurance, said
Congressman Cleaver. As someone who spent the first several years of my life living in a shack with no electricity or running water and several more after that in public housing I understand how pivotal stable housing is to realizing the American dream. I look forward to working with Chairwoman Waters and my colleagues on the Financial Services Committee to do everything in our power to expand our nation s affordable housing stock, end homelessness in America, and confront the scourge of this pandemic in our communities and insurance market.
Insurers tally at least $7 7 billion in Louisiana damage from 2020 hurricane season
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Insurers paid $5B for 2020 Louisiana hurricane claims so far
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FEMA OKs More than $1B for Hurricanes Delta, Laura Recovery in Louisiana January 26, 2021
FEMA has approved more than $1 billion in federal disaster assistance, long-term disaster loans and flood insurance claims since Hurricanes Laura and Delta hit the state in 2020. Laura made landfall in Louisiana in late August 2020 and Delta in mid-October.
Over $110 million has been paid in flood claims to 3,249 policyholders by the National Flood Insurance Program.
As of Jan. 20, FEMA has approved housing grants to individuals and families totaling $248 million. Housing Assistance grants for repairs to primary residences or for rental of temporary housing came to more than $174 million. Other Needs Assistance grants reached more than $74 million.