The Real Deal New York

NYC getting another $1B in likely last round of Sandy funds

Community groups concerned distribution not enough for rebuilding, infrastructure work
May 27, 2014 11:00AM

The city will receive about $994 million in the latest batch of federal Hurricane Sandy relief funding. Community groups in New York and New Jersey have said the latest disbursement of $2.5 billion for the northeast region is not enough to finish rebuilding houses and other infrastructure projects.

In addition to New York City’s nearly $1 billion in funds, $882 million will go to New Jersey and $606 million will go to New York state. A small portion will also go toward rebuilding in Rhode Island and Connecticut. A spokesperson for Mayor Bill de Blasio told the Wall Street Journal that the $994 million will be divided up for housing — $640 million — and resiliency.

Another $1.1 billion in federal funds remain, but it  might not go to the New York or New Jersey area. The Department of Housing and Urban Development said the funds will be adequate in fulfilling housing needs in those two states.

The funding will “reach everyone on their current housing waiting lists,” Melanie Roussell of Department of Housing and Urban Development told the Journal. “We will continue working with the grantees to ensure they have the resources they need to help families get back into their homes, and to rebuild smarter and stronger.” [WSJ]Mark Maurer