Residents and business owners in New Orleans affected by Hurricane Katrina in 2005 can now apply for compensation from a $14 million settlement fund.
The money is from a settlement reached in 2009 with levee boards in New Orleans, Jefferson Parish, and St. Bernard Parish; all three were found responsible for the upkeep of the levees that were destroyed during the hurricane. The funds will be available to residents, businesses, and visitors who were in New Orleans when Katrina hit, with the money coming from insurance policies.
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