Christie Administration Announces $26.3 Million in Federal Aid for Post-Sandy Buyouts of 89 Residential Properties in Woodbridge

TRENTON – February 10, 2014 – (RealEstateRama) — The Christie Administration today announced the Federal Emergency Management Agency (FEMA) has awarded the state $26.3 million in federal Hazard Mitigation Grant Program funding for the voluntary acquisition of 89 homes in flood-prone sections of Woodbridge. This action is part of the Administration’s plan to buy out homes from willing sellers impacted by Superstorm Sandy to preserve the land as open space and protect against future flooding