Towns hit hard by Sandy to get priority now - FOX 29 News Philadelphia | WTXF-TV

Towns hit hard by Sandy to get priority now

Posted: Updated:

TRENTON, N.J. (AP) - The New Jersey program to help build affordable housing to replace homes lost to Superstorm Sandy is proposing new rules that would keep more of the money in towns hit hard by the storm.

The New Jersey Housing and Mortgage Finance Agency has scheduled a vote on the new guidelines for May 22.

The Star-Ledger of Newark reports (http://bit.ly/1iSG7Fz ) the guidelines would apply to a $190 million allocation for the program from the federal government.

The agency was criticized previously for awarding low- and no-interest loans to projects in communities barely touched by the storm.

Under the current criteria, projects just had to be in one of the nine counties most damaged by the storm. Under the proposed change, plans in the most affected communities would get priority.

Information from: The (Newark, N.J.) Star-Ledger, http://www.nj.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices