Tags: US | Superstorm | NYC | Aid

NYC Unveils Plans for $1.8B Chunk of Sandy Aid

Wednesday, 06 Feb 2013 10:48 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

New York City plans to use some of its federal Superstorm Sandy recovery money for grants to homeowners to fix their properties. The city also says it will install generators at public housing complexes and hold a competition to create storm-resilient technology.

Mayor Michael Bloomberg announced Wednesday the city's plans for nearly $1.8 billion in community development block grants.

They represent only part of the funding the city expects to get from the $50 billion Sandy aid package Congress approved last month.

The plans also include grants and loans for businesses and a contest for utilities to make investments in hardening their systems against storms.

Another element is a competition intended to spur economic growth in five-damaged areas.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Man Who Ambushed Cops Had Anti-Government Beliefs

Sunday, 23 Nov 2014 18:36 PM

A Florida man who set his house on fire and ambushed responding police officers held anti-government, anti-establishmen . . .

Admiral Denies Role in Counterfeiting Casino Chips

Sunday, 23 Nov 2014 16:58 PM

An admiral linked by Navy investigators to counterfeit casino chips denied Sunday that he played any role in making them . . .

Nancy Teeters, First Woman on Federal Reserve Board, Dies at 84

Sunday, 23 Nov 2014 15:51 PM

Nancy Teeters, who in 1978 became the first woman on the Federal Reserve Board of Governors, then continued to stand out . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved