NEW ORLEANS -- Letters are going out this week to residents and businesses in New Orleans, St. Bernard Parish and the east bank of Jefferson Parish notifying them they could receive payments ranging from $1 to $463 for flood damage during Hurricanes Katrina and Rita. The money is coming from a $20 million settlement reached in 2009 with the East Jefferson, Orleans and Lake Borgne Basin levee districts.

The notification letters announcing how residents, businesses and individuals who were visiting the New Orleans area on the days Katrina and Rita hit could apply for payment were approved by U.S. District Judge Ivan Lemelle on Sept. 24.

NOLA.com/The Times-Picayune reports individuals can also apply for settlement benefits or find out more information about the settlement by visiting http://www.LeveeBreachClass.com.