Posts Tagged ‘hurricane isaac’

Modular Housing May Fill Need

November 1st, 2012 Comments off

LoanSafe says the Department of Housing and Urban Development (HUD) and Louisiana officials are considering modular housing in their search for post Hurricane Isaac solutions to a housing shortage. The Mississippi Development Authority (MDA) oversaw a number of housing programs following Hurricane Katrina, including one called Mississippi cottages in Pass Christian, MS. Part of a FEMA pilot program, the modular homes are in a community mix with site-built homes of similar architectural style. Dan Carmon, HUD field office director in New Orleans, says, “I’ve heard a lot about Mississippi cottages, but I’ve never seen them. If it’s a successful model that can meet the needs of people subject to disasters, then we want to know about it and make that information available to governments and citizens.” The energy efficient homes sit on pilings 21 feet above sea level, with supports that run from the roof down to the foundation. MHProNews has learned the homes are built to withstand 145 mph winds.

(Photo credit: WLOX-TV)

Modular Home Unscathed after Isaac

September 26th, 2012 Comments off

After Hurricane Katrina destroyed 4,000 homes in the Lower Ninth Ward of New Orleans with its 12 feet of surging water, the population of the area fell from 17,000 to 3,000 today. The $14.45 billion construction of new floodwalls that successfully withstood the wrath of Hurricane Isaac may encourage more people to return to the neighborhood. WKYC-TV tells MHProNews Lower 9th resident Raymond Mackey, who lost his home during Katrina, survived Isaac unscathed in his three-bedroom modular home. “Clean as a whistle,” he said of the home. “Didn’t even budge.”

(Photo credit: Brett Duke/Times-Picayune)–resident recovers from Isaac)

FHA to Lenders: Pay Hurricane Isaac Claims Now!

September 25th, 2012 Comments off

MHProNews has learned the Federal Housing Administration (FHA) issued a reminder to approved FHA lenders to promptly release hazard insurance funds to disaster victims of Hurricane Isaac, as per loan documents. The Mortgagee Letter says in the past some lenders used hazard insurance proceeds to pay off the mortgage, leaving the homeowners no funds to rebuild homes and lives. FHA’s Acting Commissioner Carol Galante says, “FHA Lenders are always required to follow our guidance and, particularly following a devastating disaster like Hurricane Isaac, it is important that FHA take affirmative steps to ensure that is the case.” The lender must be listed as “Loss Payee,” which protects the lender, but also ensures proceeds are available once rebuilding of the home begins. For the full HUD press release, click here.

(Photo credit: Huffington Post/Getty)

Modular Homes may House Isaac Victims

September 7th, 2012 Comments off

nola informs MHProNews from LaPlace, Louisiana, on the western outskirts of New Orleans, some 7,000 homes have been inundated by Hurricane Isaac, leaving thousands homeless. 10,000 residents have registered for assistance with various local agencies, but because the high flood waters caused such widespread damage to possible transitional housing like hotels and shelters, many people have been relocated to Shreveport, Alexandria, and New Orleans. The Federal Emergency Management Agency (FEMA) no longer provides trailers that became so prevalent following Hurricane Katrina, but may bring in modular homes for displaced residents.

(Photo credit: Brett Duke/The Times-Picayune–Tracy Naquin sorts through belongings following Isaac.)

HUD Assistance after Isaac

September 4th, 2012 Comments off

MHProNews has received communication that the U. S. Dept. of Housing and Urban Development (HUD) is offering disaster relief assistance to portions of Mississippi and Louisiana in the wake of damages from Hurricane Isaac following President Obama’s disaster declaration Wed. Aug. 29. Families that have been forced from their homes in 35 parishes of Louisiana and 34 counties in Mississippi will be eligible to receive a 90-day moratorium on foreclosures of Federal Housing Administration (FHA)-insured mortgages, as well as FHA insurance and loans to repair and refinance an existing home, or finance the purchase of a new home for eligible applicants. Both states may redirect Block Grant and HOME Program monies to address housing and other critical needs for affected residents, and to receive loan guarantees for housing assistance, economic development, and public infrastructure repair.

(Photo credit: Huffington Post—Hurricane Isaac aftermath)