April 4, 2013 | 3:16 pm
(Photo: Reuters/Lee Celano)
A boy bikes past homes unrepaired since Hurricane Katrina, on the eve of the storm's five year anniversary in the Lower Ninth Ward of New Orleans, Louisiana August 28, 2010.
Congressional leaders have called the development a troubling, and a clear sign that tighter controls are needed to regulate where money goes to in the aftermath of disasters.
According to ABC News, the Department of Housing and Urban Development is applying pressure on the state of Louisiana to recover the money, which reportedly was given for homeowners to elevate their houses, but which "certainly did not go to elevating homes and preventing future damage from storms," according to the inspector general, David Montoya.
Montoya has told ABC News that there was just a "slim" chance at best that any of the money would be reclaimed now.
He said, "We have...