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New Orleans Population
   Continues To Grow





Recent reports indicate New Orleans' population has crossed the
300,000 mark. GCR & Associates estimate that the city's
population was 302,191 as of February 1, 2008. That's a 43,000
person increase over the February 2007 population. In a MLK day
speech, mayor C. Ray Nagin mentioned a population of 318,000.

According to Greg Rigamer of GCR & Associates the city passed
the 300,000 mark in January and reached 302,000 by February.
The firm based its estimate on utility hookups. However,
Rigamer's latest analysis shows a slowing rate of return in the
past few months, with the population increase down to about
2,000 a month, compared with an increase of nearly 4,000 a
month calculated for all of 2007. But, he said, "as more recovery
dollars begin to flow in 2008, the city will become more attractive
to individuals and businesses trying to capitalize on the economic
opportunities."

He also said the tourism industry "is returning to its pre-storm
strength." Rigamer said the city's east bank population west of the
Industrial Canal in February totaled 169,900, or 63 percent of its
pre-Katrina level. East of the Industrial Canal, the population was
79,300, just 53 percent of the pre-Katrina number. In Algiers, the
February estimate of 55,900 was 5 percent higher than before the
storm, he said.

In July 2005, before hurricane Katrina, New Orleans' population
was about 455,000 residents. Exceeding 300,000 residents
restores New Orleans to the calibre of major cities, including
Pittsburgh, Tampa, Anaheim and St. Louis.

RELATED: "New Orleans Metro Area Among Top In Growth"
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          EPCO Contest Deadline

May 31, 2008 -- When the Metairie construction company EPCO began its
"$100,000 House For A Child" essay contest, it specified a May 31, 2008
deadline.

All entries should have been completed by now, so good luck to all
participants! We'll be sure and highlight the winner on this website when an
announcement is made.

For any additional information or further updates on the contest, go to the
company's website at
epcoconstruction.com
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Deadline Approaching To File For Second           
      Business Recovery Grant Payments

BATON ROUGE, La. (June 25, 2008) - Louisiana Economic Development (LED)
officials are urging grant recipients of the Business Recovery Grant & Loan
program to send their documentation for the second half of the grants before the
October 31st deadline. More than 3,400 businesses received grants under the
Business Recovery Grant and Loan Program.

Grant recipients must provide proof-of-use of the first 50 percent of their grants
to receive the second half of the funds, using a Disbursement Request Form. The
form, with instructions, can be found on the agency's website at
www.louisianaforward.com/business-recovery-grant-and-loan-program.aspx

For more information call the Grant and Loan Hotline at (504) 556-9793 or send
an email to
questions@la.gov.