Thursday, December 27, 2018
Texas General Land Office Administering $1 Billion in Harvey Aid
An accomplished engineer, entrepreneur, and civic leader, Karun Sreerama guides Houston’s SRRE Developers and Builders, LLC, as principal. Moved to help rebuild the city after the devastation of Hurricane Harvey, Karun Sreerama has channeled his business efforts into increasing the amount of affordable housing units in the Houston area.
On December 3, 2018, Texas Land Commissioner George P. Bush announced that property owners in certain Texas counties impacted by Hurricane Harvey can now apply for a new Homeowner Assistance Program. The Texas General Land Office is allocating more than $1 billion to disaster recovery efforts in the form of Community Development Block Grants. At more than $1 billion, the GLO-administered program is the largest single initiative launched to help Houston families rebuild.
Drawn from U.S. Department of Housing and Urban Development funding, the allocation is earmarked for the rehabilitation and reconstruction of owner-occupied, single-family homes damaged by the hurricane. Candidates for the recovery funds can seek in-person help with their application at one of several regional Homeowner Assistance Program offices. Awards will be disbursed on a first-come, first-served basis.
