Katrina Aid Program Is $2.9 Billion Short

Ok, so they have picked up the pace. Two years on, 16,000 homeowners out of 130,000 have received checks from the $7B fund. Even at a generous $100k per check, it would seem about $1.6B has been given out. What is the big hold up here?

Katrina Aid Program Is $2.9 Billion Short