Federal government approves city’s plan for Sandy aid

NY_Sandytaxes
Some of the funds would go to making homes more storm-resistant. Credit: Getty Images

The federal Department of Housing and Urban Development has approved the city’s plan to spend $1.77 billion in aid for Sandy recovery efforts, and city residents and businesses are set to start receiving the funds as soon as this summer, the New York Times reports.

The city’s plan calls for $648 million to go to programs to rebuild homes and make them more storm-resistant. That sum also includes $9 million in rental subsidies for low-income New Yorkers who are at most risk for homelessness.

The rest of the money breaks down as follows:

  • $360 million on city infrastructure
  • $294 million on investments to make the city more resilient to storms
  • $293 million on loans, grants and other programs for businesses

City officials say the aid is not enough to cover all the damage caused by the storm, but it will allow for crucial progress to be made. The funds will help address some of the most persistent issues, such as evacuees still living in hotels and mold in homes, the Times reports.

Mayor Michael Bloomberg is expected to announce the approval of the plan at City Hall on Friday.



News
Entertainment
Sports
Lifestyle
Local

After Eric Garner death, religious leaders meet to…

Interfaith leaders convened with city officials to discuss what the community can do to help dial down heightened tensions after Eric Garner's death.

Local

'Suspicious' Hamilton Heights fire caused by power strip:…

An extension cord overload caused the deadly fire in Hamilton Heights late Monday that killed a 15-year-old girl and injured at least 12 others.

National

At 91, Marvel creator Stan Lee continues to…

By Piya Sinha-RoyLOS ANGELES (Reuters) - Marvel Entertainment's chief emeritus Stan Lee may be in his ninth decade, but it hasn't stopped him from adding…

National

Islamic State says beheads U.S. journalist, holds another

Islamic State insurgents released a video purportedly showing the beheading of U.S. journalist James Foley, who had gone missing in Syria nearly two years ago.

Movies

Review: Sadly, Matthew Weiner's 'Are You Here' is…

"Mad Men" creator Matthew Weiner tries his hand at movies with "Are You Here," a misjudged Owen Wilson-Zach Galifianakis comedy that turns into a drama.

Movies

Review: 'Love is Strange' is not only a…

John Lithgow and Alfred Molina tie the knot in "Love is Strange," but the film winds up being more about living with people than an activist picture.

Movies

Frank Miller on writing 'Sin City'

Frank Miller's comics career is a long and storied one, with "Sin City" being one of his most individual creations. Here, in his own words,…

Movies

Interview: Jessica Alba is a stripper again in…

Jessica Alba has gotten used to vague phone calls from director Robert Rodriguez, the Austin-based auteur who has made a habit of putting Alba into…

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL defense (DEF)

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL quarterbacks (QB)

MLB

Shane Greene travels unlikely road to Yankees stardom

Shane Greene was throwing a bullpen session on a quiet field at Daytona Beach Community College one day when the ball started moving.

NFL

2014 Fantasy Football: Rankings, list of top NFL…

2014 Fantasy Football: Rankings, list of top NFL tight ends (TE)

Wellbeing

What eye symptoms need emergency attention?

Many people experience temporary eye-related problems such as pink eye (conjunctivitis) from a cold virus or a scratched cornea resulting from an object coming into…

Sex

Big weddings may lead to longterm 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. A new…

Parenting

Fun family activity: Off-Broadway show for pre-teens

"The Love Note" is an off-Broadway musical your pre-teen won't roll his or her eyes at.

Parenting

Barnes & Noble partners with Samsung to release…

Barnes & Noble releases the first full android tablet optimized for reading.