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Louisiana coastal projects allowed to offset cost of New Orleans post-Katrina levees

Por: The Advocate Business October 09, 2023

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Louisiana has been allowed by the to count $110 million spent on two major coastal restoration projects in recent years as credits towards the state’s $1.12 billion share of the cost of the $14.6 billion post-Katrina New Orleans area hurricane levee system. The deal was signed Sept. 27, just three days before the state was required to have repaid two-thirds of its share of the levee projects, or be forced to pay an estimated $1.5 billion in... + full article



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