Yearly Archives: 2014

Cassidy Commends Vitter, Senate For Advancing Flood Insurance Reform

WASHINGTON - March 13, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy praised Senator David Vitter and the Senate’s efforts in advancing the Grimm-Cassidy amended version of the Homeowner Flood Insurance Affordability Act. Senator Vitter announced today that he is “very hopeful” the Senate will vote on flood insurance today or tomorrow. Dr. Cassidy released the following statement:

Cassidy Announces Updated Flood Insurance Reform Legislation

WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy announced that the amended Homeowner Flood Insurance Affordability Act (H.R. 3370) was finalized Friday evening after its review by a group of bi-partisan leaders in the House. The final version of the legislation is likely to be voted on next Wednesday.

New Stakeholder Groups and Local Officials Support the Homeowner Flood Insurance Affordability Act

WASHINGTON - February 26, 2014 - (RealEstateRama) -- Today, several national and Louisiana stakeholder associations and their representatives, along with Jefferson Parish President John Young, announced their support for the substitute amendment to the Homeowner Flood Insurance Affordability Act. This legislation, which Congressman Bill Cassidy helped announce Friday evening, would provide comprehensive and long-term relief for homeowners across the nation. Dr. Cassidy worked on this legislation with Members of Congress from both sides of the aisle and across the country on this legislation. He released the following statement:

Louisiana Leaders Support Homeowner Flood Insurance Affordability Act

ASHINGTON - February 26, 2014 - (RealEstateRama) -- Today, elected officials and community leaders in Louisiana announced their support for the substitute amendment to the Homeowner Flood Insurance Affordability Act, which Congressman Bill Cassidy helped introduce Friday evening. Among other things, the legislation would permanently reinstate grandfathered flood insurance rates, help stabilize the real estate market and provide a retroactive refund for people who have had large flood insurance rate increases due to the sale or purchase of a home.

Scalise announces agreement to protect LA homeowners from unaffordable Biggert-Waters rate hikes

Washington, DC - February 13, 2014 - (RealEstateRama) -- Congressman Steve Scalise today announced an agreement between key players in the House, including House Majority Leader Eric Cantor, to protect Louisiana homeowners from unaffordable Biggert-Waters rate hikes. The proposal will provide flood insurance relief and peace of mind for Louisianans. It will be brought up for a vote in the coming weeks

City activates freeze plan for homeless

NEW ORLEANS, LA - February 10, 2014 - (RealEstateRama) -- The weather forecast indicates the temperature or wind chill factor in New Orleans is expected to fall to 35 degrees or below overnight on Thursday, February 6, 2014. All citizens should take appropriate precautions to protect themselves from the potentially dangerous effects of this weather. Citizens are encouraged to check on neighbors and the elderly to make sure they are prepared

Cassidy Comments on Senate Passage of Flood Insurance Reform

WASHINGTON, D.C. - January 31, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy, M.D. commented on the Senate approving the Menendez-Isakson Homeowner Flood Insurance Affordability Act. The legislation is part of an effort to reform flood insurance which started with the Cassidy Amendment, a current law which suspends certain rate hikes for up to 400,000 Louisianans through next year. Dr. Cassidy also helped introduce the House version of the legislation that passed today. He released the following statement

City extends deadline for 2014 property tax collection

NEW ORLEANS, LA - January 30, 2014 - (RealEstateRama) -- Due to weather-related City Hall closures, the City announced today that the 2014 property tax collection deadline will be extended to Friday, February 7, 2014. To avoid long lines, taxpayers are strongly encouraged to make payments online or by mail. Property owners who intend to pay in person may do so at the Bureau of the Treasury in City Hall, Room 1W40. For customer convenience, the City will provide a drop-off lane on the Perdido Street entrance to City Hall on Friday, January 31 and Friday, February 7, 2014 during regular business hours

Mayor Mitch Landrieu provides status update on winter storm impacting New Orleans

NEW ORLEANS, LA - January 30, 2014 - (RealEstateRama) -- Today, Mayor Mitch Landrieu urged citizens to remain vigilant and, if possible, stay off roadways and remain in their homes as a winter storm brings freezing, dangerous conditions to the New Orleans area. On Monday, the National Weather Service issued a Winter Storm Warning for Orleans Parish and Mayor Landrieu declared a state of emergency

Cassidy Expresses Disappointment in Obama’s Opposition to Flood Insurance Relief

WASHINGTON, D.C. - January 30, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy, M.D. commented on the President’s opposition to the Menendez-Isakson Homeowner Flood Insurance Flood Affordability Act. Dr. Cassidy is an original co-sponsor of the House version of this legislation and the author of the Cassidy Amendment, which became law last week and will suspend certain flood insurance rate increases for up to 400,000 Louisianans for more than one year. Dr. Cassidy released the following statement

Mayor Landrieu and NORA announce Façade RENEW program for commercial buildings in four targeted...

NEW ORLEANS - January 22, 2014 - (RealEstateRama) -- Today, Mayor Mitch Landrieu and the New Orleans Redevelopment Authority (NORA) announced the launch of NORA’s Façade RENEW Program, a grant program designed to incentivize commercial property and small business owners to revitalize storefronts and building façades in four targeted areas of the city.

Mayor Landrieu, Stirling Properties and JCH Development celebrate the start of construction of $24.4...

NEW ORLEANS, LA - January 20, 2013 - (RealEstateRama) -- Today, Mayor Mitch Landrieu joined representatives from Stirling Properties and JCH Development, and local officials to celebrate the start of construction on Magnolia Marketplace, a $24.4 million shopping center that will fill a retail gap in the heart of Central City along the Claiborne Avenue corridor and create more than 200 full-time jobs

Mayor Landrieu, Stirling Properties to celebrate the start of construction of $24.4 million Magnolia...

NEW ORLEANS, LA - January 17, 2013 - (RealEstateRama) -- TOMORROW, Mayor Mitch Landrieu will join representatives from Stirling Properties and JCH Development and councilmembers to celebrate the start of construction on Magnolia Marketplace. The $24.4 million retail center will fill a retail gap in the heart of Central City along the Claiborne Avenue corridor and create more than 200 full-time jobs.

City activates freeze plan for homeless

NEW ORLEANS, LA - January 7, 2013 - (RealEstateRama) -- The weather forecast indicates the temperature or wind chill factor in New Orleans is expected to fall to 35 degrees or below overnight on Tuesday, January 7, 2014. All citizens should take appropriate precautions to protect themselves from the potentially dangerous effects of this weather. Citizens are encouraged to check on neighbors and the elderly to make sure they are prepared

New Orleans Mayor Landrieu joins Wells Fargo, NeighborWorks America and Hope Enterprise to announce...

NEW ORLEANS - January 7, 2013 - (RealEstateRama) -- Wells Fargo, NeighborWorks America® and Hope Enterprise Corporation today joined Mayor Mitch Landrieu to announce the New Orleans NeighborhoodLIFT® program, an initiative offering $5.15 million from Wells Fargo to boost homeownership and strengthen neighborhoods in the city’s low- and moderate-income areas. The NeighborhoodLIFT® program complements the city’s coordinated development strategy to bring investment into all areas of New Orleans.

Recent

T & I Committee Passes Graves’ Legislation to Improve Disaster Recovery

The House Committee on Transportation and Infrastructure advanced a slate of bills today, including a bipartisan disaster relief bill authored by Reps. Garret Graves (LA-6) and Stacey Plaskett (D-V.I.). The legislation, H.R. 1311 is designed to help communities recover from disasters and increase disaster program transparency and oversight