Business

Mississippi still has $872 million to spend from $5.5 billion in Katrina recovery funds

By JEFF AMY

The Associated Press
JACKSON, Mississippi — Eight years after Hurricane Katrina slammed the Gulf Coast, Mississippi still hasn’t spent almost $1 billion in federal money dedicated to recovery from the storm.

The remaining $872 million is part of $5.5 billion Congress gave the state to rebound from Katrina, which struck in August 2005, killed 238 people in Mississippi and caused tens of billions of dollars in damage, most heavily in coastal counties… […]