A Question...on the New Orleans Office of Recovery and Development Administration

If ORDA budgeted $1,000,000 for renovation of Lincoln Beach (in New Orleans East) for 2009...what happens to the money when the project is listed as "On Hold" on the city projects website?  When I stopped by the site of Lincoln Beach about a month ago, nothing appeared to be underway.
Also, unlike other projects on the site where no progress is apparent on the ground, there isn't even a generated project timeline on the site to indicate that contract solicitation or design is underway for eventual construction at Lincoln Beach.