$2.5B in Sandy aid headed to New York, New Jersey
A plan is in place for disbursing nearly $2.5 billion in additional federal aid to New Jersey, New York City and New York state for Superstorm Sandy recovery, a government official said Friday.
The third round of funding under the community development block grant program will bring the total amount headed to the city and two state governments to nearly $13 billion.
The funding is a major piece of the $50 billion Congress approved last year to pay for recovery of the October 2012 storm, which was blamed for at least 182 deaths in the United States and an estimated $65 billion in damage. The aid is particularly noteworthy because it’s the piece of federal aid the state governments and New York City get to distribute as they see fit.