The amount guaranteed is subject to negotiation between the FDC and the lender. loan guarantees per year and target an average guarantee amount of $250,000 per transaction. â¢ Term: The maximum guarantee term is seven years, and the average term is about three years.
In New Iberia, LA the median home price is $103,400 and $40,117 is the median household income. As a result, the home price to income ratio in New Iberia, LA is 2.6x, which is 17% lower than the Louisiana average.
In 1992, the devastation of Hurricane Andrew in Florida and Louisiana cost $35 billion. The price for the 6.7-magnitude temblor in the Northridge area of Los Angeles in 1994 was $15 billion to $20 billion. Members of the Louisiana congressional delegation say it could cost $100 billion just in New Orleans.his material may not be published, broadcast, rewritten or redistributed. WASHINGTON â One storm could end up costing almost as much as two wars. Although estimates of Hurricane Katrina's staggering toll on the treasury are highly imprecise, costs are certain to climb to $200 billion in the coming weeks.