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Home›Business & Finance›CPRA to Share Portion of Its Funding
Business & Finance

June 18, 2018 · about 8 years ago

CPRA to Share Portion of Its Funding

Projects in six Louisiana coastal parishes have been approved by the Gulf Coast Ecosystem Restoration Council (RESTORE Council) to receive a total of $20 million in matching funds through the Louisiana Coastal Protection and Restoration Authority (CPRA) Parish Matching Opportunities Program. The par

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Projects in six Louisiana coastal parishes have been approved by the Gulf Coast Ecosystem Restoration Council (RESTORE Council) to receive a total of $20 million in matching funds through the Louisiana Coastal Protection and Restoration Authority (CPRA) Parish Matching Opportunities Program.

The parishes will put up a total of $6.1 million as their RESTORE matching portion.

Approval for the CPRA to share a portion of its funding for the selected eligible projects has been given by the RESTORE Council after reviewing the CPRA-Parish Matching Program Amendment to the State’s First Amended RESTORE Plan.

The approved projects contained in the approved Parish Matching Amendment are:

Project selection was based on criteria listed in the State’s First Amended RESTORE Plan, taking into account various factors including: consistency with the Coastal Master Plan; the ability to restore and protect habitats or the ability to reduce economic losses from storm surge; the relative merits of the project including scope of project benefits; synergy with other integrated coastal protection and restoration efforts; feasibility and/or constructability; and the funds made available by the parish for the proposed activity.

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