LRA meaning in Governmental ?

Answer:

What is Louisiana Recovery Authority mean?

The Louisiana Recovery Authority (LRA) was the governmental body created in the aftermath of hurricanes Katrina and Rita by Governor Kathleen Blanco to plan for the recovery and rebuilding of Louisiana. Under the leadership of the founding executive director, Andy Kopplin, the authority's mission was to plan for Louisiana's future, coordinate across jurisdictions, support community recovery and resurgence, and ensure integrity and effectiveness. By working in collaboration with local, state and federal agencies, the authority's goal was to also address short-term recovery needs while guiding the long-term planning process.

In part, the authority's creation was intended to ensure recovery decisions were made based on critical recovery priorities rather than political influences. It was modeled on the Lower Manhattan Development Corporation, which guided recovery and redevelopment in New York after 9/11.

Hurricanes Katrina and Rita devastated South Louisiana, destroying more than 200,000 homes and 18,000 businesses and causing about $25 billion in insured losses. The LRA lead one of the most extensive rebuilding efforts in the world. The LRA's decisions were made by a 33-member board of directors, led by its chairman, Xavier University of Louisiana President Norman Francis, and its vice chairman, journalist and author Walter Isaacson. The authority was staffed by fewer than 30 state government employees.

The LRA designed all policy and programs funded by $10.4 billion in federal Community Development Block Grant (CDBG) congressionally approved funds. The LRA's largest program dedicated $7.5 billion to helping residents of Louisiana affected by Hurricane Katrina or Rita get back into their homes as quickly and fairly as possible. At the time, the groundbreaking program, called the Road Home, represented the largest single housing recovery program in U.S. history.

The program afforded eligible homeowners up to $150,000 in compensation for their losses to get back into their homes. As of February 1, 2008 the final number of applications received was 185,106. Of those applications received 159,406 were deemed eligible.

reference

Full Form	Category
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Lupus Research Alliance	Academic & Science
Local Research Administration	Academic & Science
Literacy Research Association	Academic & Science
Leicester Research Archive	Academic & Science
Larisa	Airport Code
Local Reviewing Agency	Business
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Louisiana Restaurant Association	Business
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Linear Rational Arithmetic	General
Land Rover Academy	General
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Limited Road of Approach	Governmental
Labour Relations Act	Governmental
Legal Reasoning And Argument	Governmental
Local Reproduction Authorized	Governmental
Lords Resistance Army	Governmental
Land Reutilization Authority	Governmental
Law Reform Act	Governmental
Long Range Assignmemt	Governmental
Louisiana Recovery Authority	Governmental
Local Redevelopment Authority	Governmental
Land Registration Authority	Governmental
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LODRA	Indian Railway Station
Land Retained Agreement	Medical
Lateral Right Atrium	Medical
Left Renal Artery	Medical
Logistic Regression Analysis	Medical
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Locked Rotor Ampere	Physics Related
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