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Stacy Head

Stranded victims of Hurricane Katrina wait to enter buses to be evacuated from the city on a highway overpass near the Superdome on Sept. 3, 2005 in New Orleans. (credit: Mario Tama/Getty Images)

Nearly $90M Spent On Thousands Of Abandoned Properties Caused By Katrina

More than 3,000 lots flooded by Hurricane Katrina and bought with federal money in an emergency bailout sit idle across this city — a multimillion-dollar drain on federal, state and city coffers that lends itself to no easy solution.

07/16/2012

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