Louisiana Surface Restoration and Reparation

State:
Multi-State
Control #:
US-OG-828
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

The Restore Louisiana Homeowner Assistance Program offers a program-managed repair or reconstruction option (Solution 1). Solution 1 homeowners only need to execute their grant, move their personal belongings out and then back in when construction is complete.

The first step in the Restore Louisiana Homeowner Assistance Program is a brief online survey for flood-impacted homeowners. Survey responses will determine when homeowners are able to advance to the application step.

How does the Restore Louisiana affect my Louisiana state income tax? Pursuant to IRC Section 139, qualified disaster relief payments are excluded from gross income.

Restore Louisiana is funded through federal CDBG-DR funds that HUD allocated to Louisiana?a condition of this funding is that it may only be used to assist homeowners with repairing or replacing the structure of their damaged homes.

To be eligible for program assistance, homeowners must meet the following requirements: Owned and occupied home at time of disaster event and still maintain ownership through program final project inspection. Damaged address was the applicant's primary residence at the time of disaster event.

EVEN IF HOMEOWNERS DO NOT QUALIFY FOR ONE OF THE SIX PHASES OF ASSISTANCE, THEY COULD QUALIFY AS MORE FUNDING BECOMES AVAILABLE.

The Small Business Loan Program is a lending program to assist disaster-impacted small businesses with non-construction expenses.

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Louisiana Surface Restoration and Reparation