recovery News

Kansas Aviation Museum Damaged by Weekend Storms

The Kansas Aviation Museum in Wichita is closed this week to clean up from damage it sustained during the weekend storms. Museum director Lon Smith estimated the museum suffered between $100,000 and $150,000 in damage. But he says the main …

Justice Department Testing Little-Used Law in Financial Crisis Cases

An Obama administration task force established to investigate misconduct that fueled the financial crisis is turning to a little-used statute that may make such cases easier to bring, according to people familiar with the matter. The federal statute, FIRREA, was …

Bond Passage to Fund More Storm Shelters in Joplin, Missouri

When Joplin, Mo., residents approved a $62 million bond issue recently, they agreed to fund more than just new schools. The bond issue and about $122 million from insurance, donations and state and federal aid will also pay for 20 …

Tornado-Wrecked Dallas-Area Begins Assessing Damage

The tornado hurtled toward the North Texas nursing home. Physical therapist Patti Gilroy said she saw the swirling mass barreling down through the back door, after she herded patients into the hallway in the order trained: walkers, wheelchairs, then beds. …

Louisiana Congressman Objects to Shifting Recovery Money to Dome

A New Orleans U.S. representative from the New Orleans area has objected to Louisiana Gov. Bobby Jindal administration’s plan to redirect federal hurricane recovery money from housing aid programs to Superdome upgrades. U.S. Rep. Cedric Richmond sent a letter to …

Disputes Arise Between Home Builders, Owners in Joplin Rebuild

The size and value of homes being built in tornado-ravaged sections of Joplin, Mo., are causing contention between some builders and homeowners, but city officials say they can do little to mediate the disputes. Many of the disagreements center on …

FEMA Denies Appeal; Harrisburg Fire Chief Says Town ‘Will Survive’

Harrisburg Fire Chief Bill Summers says his southern Illinois town will recover from last month’s deadly tornado with or without FEMA help. Summers says he’s not surprised that FEMA has denied the state’s appeal for disaster assistance. The agency turned …

Henryville in Recovery Mode; School Wins Lady Antebellum Show

The southern Indiana town of Henryville has moved into the long recovery phase from March 2 tornadoes that devastated the community, and officials are urging homeowners to apply for federal aid to help speed the process along. Greg Eaton of …

IMF Head Sees Global Economy on Recovery Path, but Risks Remain

The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks ahead, …

Federal Disaster Audit Recommends Texas Repay $9M

A federal audit has recommended that Texas repay $9 million in alleged overcharges related to administration of hurricane recovery funds. Hurricanes Dolly and Ike hit Texas in 2008. The U.S. Department of Housing and Urban Development has made $1.4 billion …