REFinBlog

Editor: David Reiss
Brooklyn Law School

September 12, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

  • President Trump wants to ensure Americans are able to succeed after experiencing disasters. Recently, the president approved a 15.2 billion dollar relief and recovery bill aimed at helping residents of Texas and Louisiana after Hurricane Harvey, small businesses to aid in administering loans after disasters, and to continue its development of the Community Development Block Grant Disaster Recovery.
  • According to Houston’s Housing Authority, the cities affordable housing units were extensively damaged by Hurricane Harvey. Over 6,000 single family homes were destroyed and over 80,000 severely damaged. Approximately 35,000 Houston residents now live in shelters. Some counties throughout the city believe their areas will need more than nine months to fully recover from the impact of Harvey.
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