SCHUMER ANNOUNCES FEMA AND HUD TO IMPLEMENT LONG-TERM RENTAL ASSISTANCE PROGRAM TO INDIVIDUALS DISPLACED AFTER SUPERSTORM SANDY – WILL END REPEATED SHORT-TERM EXTENSIONS PREVENTING FAMILIES FROM PLANNING FUTURE

WASHINGTON, D.C. – March 29, 2013 – (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that the Federal Emergency Management Agency (FEMA) and the U.S. Department of Housing and Urban Development (HUD) will institute a program that provides temporary rental payments to landlords in order to help families displaced after Superstorm Sandy. The Disaster Housing Assistance Program (DHAP) was put forward in the aftermath of Hurricane Katrina, and will provide eligible Sandy victims with a longer-term housing option through the provision of a temporary voucher.