New Orleans, LA (CNN) — Thursday marks the eight year anniversary of Hurricane Katrina.
The deadly storm forever changed New Orleans when it made landfall and left more than 1,500 dead and some 200,000 homes damaged.
The storm displaced millions of people in the gulf region.
It is considered the costliest disaster in the history of the global insurance industry.
The federal government has spent $120.5 billion on the gulf region, post-Katrina.
The majority of that money, $75 billion, went to emergency relief operations.