New York City gets $1.34 billion more in federal Sandy aid

Credit: Spencer Tucker/Office of the Mayor
Sen. Charles Schumer and Mayor Michael Bloomberg announced Monday that New York City is getting another $1.34 billion in federal aid for homeowners, businesses and climate change resiliency.
Credit: Spencer Tucker/Office of the Mayor

Nearly a year after Superstorm Sandy made landfall, the city is getting another $1.34 billion in federal grant money for homeowners, businesses and climate change resiliency.

“The main focus the first year was on recovery — just recovering from the storm and letting the city function again. This second year is rebuilding: rebuilding our homes, rebuilding our small businesses, rebuilding our public works,” Sen. Charles Schumer said.

The funds make up the second allocation of Community Block Development Grants from the $60.2 billion federal aid package passed by Congress in January. Another $1.77 billion in aid, the first installment, was released the next month.

Mayor Michael Bloomberg said the federal assistance continues to to be critical to the city’s progress.

“We also recognize there’s far more work to do,” the mayor added.

Officials said the first allotment’s rollout has been necessarily slow.

“We are not wasting the taxpayers’ money,” Bloomberg said. “We’ve tried to account for every single penny.”

Cas Holloway, deputy mayor for operations, said New Yorkers can expect portions of the $648 million in the first allotment, intended for the city’s Build It Back program, to be spent on rebuilding and repairing homes before the end of the year.

Housing and Urban Development still needs to approve the city’s plans for the new funds, but officials don’t anticipate this process will take too long. The city will submit its plan in the next few weeks, officials said.

Holloway said the money would be divided similarly to the first allotment, with aid for housing and businesses, in addition to resiliency and infrastructure improvements.

“We can’t afford not to do this. For every $1 we invest in resiliency today, we save $4 in the future from storms that will come,” HUD Secretary Shaun Donovan said.

Follow Anna Sanders on Twitter: @AnnaESanders



News
Entertainment
Sports
Lifestyle
National

Sprint and T-Mobile offer further price discounts

Sprint unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering.

National

Hundreds pay it forward at Florida Starbucks in…

The spontaneous chain of kindness continued for about 11 hours, totaling 457 transactions by the time it ended.

National

Weather system east of Caribbean could turn into…

An area of low pressure located east of the Caribbean Sea has a 50 percent chance of becoming a tropical depression or storm in the next 48 hours, U.S. forecasters…

National

U.S. hospital to discharge doctor treated with experimental…

An American doctor who contracted Ebola treating victims of the deadly virus in Liberia has recovered and will be discharged on Thursday by the Atlanta hospital that treated him with…

Movies

Review: 'When the Game Stands Tall' is both…

The high school football saga "When the Game Stands Tall" fumbles around for a focus while Jim Caviezel offers the most low-key coach in history.

Movies

Girlfriend in a coma: Chloe Grace Moretz

Chloe Grace Moretz is the best cheerleader "If I Stay" could ask for. As the star of the film adaptation of the successful YA novel…

The Word

The Word: Summer lovin' for Zac Efron and…

Ah, the summer romance. So intense, so fleeting. With Labor Day fast approaching, it should come as little surprise that the incredibly surprising romance between…

The Word

The Word: The Zac Efron-Michelle Rodriguez summer fling…

  Ah, the summer romance. So intense, so fleeting. With Labor Day fast approaching, it should come as little surprise that the incredibly surprising romance…

NFL

Fantasy football draft guide: How to draft your…

Many are wondering if we’re entering a new age in fantasy football drafting — one where running backs take a backseat.

NFL

Jets vs. Giants: 3 Giants storylines to watch

The Giants have plenty to work on as they reach the dress rehearsal preseason game Friday night against the rival Jets.

NFL

Jets vs. Giants: 3 Jets storylines to watch

Metro looks at three Jets storylines to watch as they play the Giants Friday.

NFL

Giants expected to work Corey Washington into first-team…

The day of reckoning for the Giants' fringe players will fall upon them Friday night against the Jets.

Sex

Big weddings may lead to long-term happiness

Dreaming of a big wedding? A new study indicates that the longer your guest list, the happier you’ll be in the long run. l A…

Sex

Online dating for every generation

Frank Jackson and his mother Maggie are like lots of modern families: They have dinner together regularly, keep each other updated on their lives —…

Wellbeing

Going green could be the key to getting…

If we could just pursue the things that would actually make us happy, we could help the environment too, according to a New York researcher.…

Tech

Siren: A new dating app that puts women…

Online dating can be brutal, especially for single women. Noting that many women hate wading through inappropriate messages and photos, two tech entrepreneurs decided to…