New York City Mayor Bill de Blasio and U.S. Senator Charles Schumer announced today approximately $3 billion in federal funding to repair and protect 33 public housing developments that sustained severe damage during Hurricane Sandy – the largest FEMA grant in the history of the agency. Half of the funds will be designated for repairs, while the other half will be aimed at implementing resiliency measures to better protect developments from future disasters. The funding is authorized by FEMA’s Alternative Procedures, which provides a lump sum payment instead of the typical incremental funding by FEMA
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