In New Orleans, Money Is Ready but a Plan Isn't

Billions of federal dollars are about to start flowing into this city after President Bush on Thursday signed the emergency relief bill the region has long awaited. But, with the anniversary of Hurricane Katrina approaching, local officials have yet to come up with a redevelopment plan showing what kind of city will emerge from the storm's ruins. No neighborhoods have been ruled out for rebuilding, no matter how damaged or dangerous. No decisions have been made on what kind of housing, if any, will replace the mold-ridden empty hulks that stretch endlessly in many areas. No one really knows exactly how the $10.4 billion in federal housing aid will be spent, and guidance for residents in vulnerable areas has been minimal.

from the NY Times