Albany, NY – April 26, 2013 – (RealEstateRama) — Governor Andrew M. Cuomo and U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State’s recovery action plan to help struggling homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD’s Community Development Block Grant Disaster Recovery (CDBG – DR) program, New York State’s recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities.
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