Second Round of Funding for Rebuild Post Hurricane Sandy

The Department of Housing and Urban Development (HUD) will provide an additional $5 billion in relief funds to five states and New York City to supplement the $5.4 billion already granted in recovery efforts from Hurricane Sandy one year ago. New Jersey received $1.8 billion and will be getting an additional $1.4 billion, while New York City will receive an additional $1.3 billion to go with the nearly $1.8 billion previous, as MHProNews has learned from nationalmortgagenews. New York State got $1.7 billion the first go round and will be getting an additional $2 billion. Connecticut received almost $72 million the first time and will get $65 million more. “It’s clear these communities continue to be challenged by the sheer scale of this devastating storm, requiring further investment to make certain these needs are met,” said HUD Secretary Shaun Donovan, who chaired President Obama’s Hurricane Sandy Rebuilding Task Force. “These resources are making a difference helping individuals, families, and businesses to get back on their feet and come back stronger and more resilient than ever.”

(Photo credit: Wikipedia–rebuilding following Hurricane Sandy)

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