
ANALYSIS: Disasters are giving Lafayette’s economy a sugar high
An influx of spending related to hurricane recovery and federal coronavirus stimulus is masking a still struggling economy.
An influx of spending related to hurricane recovery and federal coronavirus stimulus is masking a still struggling economy.
The gist: Intense rainfall hovered over central Lafayette neighborhoods, raising waters from drainage systems into homes that haven’t taken water in decades and onto streets that stayed relatively dry in 2016.
The gist: FEMA will soon announce an overhaul in how it calculates flood risk. The changes, first reported by Bloomberg, could increase premiums, lower property values and change public perception.
The gist: The governor created a statewide office to spearhead watershed management called the Council on Watershed Management. He signed an executive order creating the council at a meeting of the Acadiana Planning Commission, which he touted as an example of regional coordination in water management.
Sen. Bill Cassidy’s office said the Corps of Engineers will release a work plan later this week, which would be the first indication of a timeline for the Vermilion dredging project.
Another flood is coming. The timing is uncertain, but the trends that produced the 2016 flood continue unabated.