AP: Homeowners rush to meet Road Home cutoff
July 31, 2007
Source: Associated Press
The state-run Road Home program was originally an open-ended deal, but legislators put a deadline of July 31 on it. Homeowners have been scrambling to meet that deadline even though they aren't sure what sort of money the program will have to distribute:
Residents have until today to request up to $150,000 from the state-administered Road Home program. It is funded with $6.4 billion, but if everyone eligible applied, it would face an estimated $5 billion shortfall.
