Sen. Charles Schumer says New York is getting nearly $3.5 billion in the first release of funds from the $50.5 billion emergency relief measure enacted last month for Superstorm Sandy victims.
The first allotment of funds from the U.S. Department of Housing and Urban Development will be released this week and will go toward housing and rebuilding efforts.
Of the $3.5 billion, Schumer says New York State will get $1.7 billion and New York City will get nearly $1.8 billion.
Schumer says further details on the specific projects and geographic distribution will be released in mid-February.
New York City plans to use some of its federal Sandy recovery money for grants to homeowners to fix their properties. The city also says it will install generators at public housing complexes and hold a competition to create storm-resilience technology.
Mayor Michael Bloomberg outlined the city's plans Wednesday for the nearly $1.8 billion in community development block grants.
They represent only part of the funding the city expects to get from the package Congress approved last month.
The plans also include grants and loans for businesses and a contest for utilities to make investments in hardening their systems against storms.
Another element is a competition intended to spur economic growth in five heavily damaged areas.
The Oct. 29 storm was one of the worst to strike the Northeast and is blamed for more than 130 deaths and tens of billions of dollars in property damage.
Saturday, May 25 2013 8:49 PM EDT2013-05-26 00:49:32 GMT
AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.42, up 3 cents from last week. But that's still lower than the price from a year ago
AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.42, up 3 cents from last week. But that's still lower than the price from a year ago
Saturday, May 25 2013 6:36 PM EDT2013-05-25 22:36:58 GMT
Members of the American Legion Post 1 honored their own this Memorial Day. The veterans association decorated the graves of veterans at the Cemetery of the Madonna in Leonia Saturday morning.
Members of the American Legion Post 1 honored their own this Memorial Day. The veterans association decorated the graves of veterans at the Cemetery of the Madonna in Leonia Saturday morning.
Friday, May 24 2013 10:44 PM EDT2013-05-25 02:44:03 GMT
The unofficial start of summer is being met with not-so-perfect beach weather. Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by Superstorm Sandy.
The unofficial start of summer is being met with not-so-perfect beach weather. Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by superstorm Sandy. The Fox 5 weather team is calling for sunny skies on Sunday and Monday.
Friday, May 24 2013 8:10 PM EDT2013-05-25 00:10:09 GMT
AP photo
Resorts held a grand opening Thursday for Margaritaville, the $35 million restaurant, bar, and gambling complex that's part of a $70 million expansion and renovation.
Resorts held a grand opening Thursday for Margaritaville, the $35 million restaurant, bar, and gambling complex that's part of a $70 million expansion and renovation.
Friday, May 24 2013 5:33 PM EDT2013-05-24 21:33:47 GMT
New Jersey Transit bus riders will soon have a new way to get across the Hudson River: by boat. The agency is partnering with New York Waterways, which will provide ferry service to customers. The
New Jersey Transit bus riders will soon have a new way to get across the Hudson River: by boat. The agency is partnering with New York Waterways, which will provide ferry service to customers. The
Friday, May 24 2013 11:12 AM EDT2013-05-24 15:12:21 GMT
AP photo
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
Friday, May 24 2013 9:23 AM EDT2013-05-24 13:23:33 GMT
New Jersey's education commissioner has overturned the firing of a high school athletic director who was caught on camera putting dog waste on his ex-wife's car.
New Jersey's education commissioner has overturned the firing of a high school athletic director who was caught on camera putting dog waste on his ex-wife's car.
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