Washington, DC – July 31, 2013 – (RealEstateRama) — Today, U.S. Senators Kirsten Gillibrand, a member of the Environment and Public Works Committee, and Charles E. Schumer announced that the Housing and Urban Development (HUD) agency revised its regulations to allow New York City to expedite reimbursement for home repairs and rehabilitation for hundreds of Sandy homeowners currently deemed ineligible. Previously, HUD regulations blocked the City from conducting environmental reviews for Sandy victims’ homes that were “substantially damaged,” which is defined as losses greater than half the value of their home.
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