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Arch13,
You might want to look into what was done when Hurricane Hugo trashed Charleston, SC in 1989. Similar winds and storm surge. There were many historic structures damaged and destroyed. It might provide a clue as to how the NO rebuilding will go.
I personally don't think it is worth the trouble. As you know from your architecture schooling, most of the flooded buildings will have to be torn down and rebuilt from scratch. I agree with you that you will be able to circumvent the 50% rule by using the historic structure/neighborhood designation, but the reality is that the structures will be ruined. We saw that here in FL. There were many homes and businesses that did not appear to be that badly damaged but due to water intrusion, were declared total losses. Many times the houses were structurally 'fine', but the power company would not turn the power back on due to hidden damage to the electrical wiring.
I see from your website that your interest is in historic restorations. I would contact a Louisiana architectural firm that has similar interests and see what they think.
Hey, if it were easy everybody would do it. Good Luck.
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