Harahan Mayor Vinny Mosca said Tuesday that FEMA has cancelled the city's $370,000 loan for Hurricane Katrina repairs. For a city with an annual budget of $5.5 million, the loan forgiveness is huge. "It means a lot," Mosca said. "This was money that has already spent, and that now we don't have to repay." He said that the move would free up money for Harahan in 2015.