Is it any wonder that even the federal government is worried about future costs of disaster recovery? Here is an article about one element of housing repair costs post- Sandy, compensation for damage to public housing:
From the NY Daily News: FEMA to give $3 billion to NYCHA for Hurricane Sandy repairs in 33 developments. Some details:
- A $3 billion bonanza from the Federal Emergency Management Agency — the disaster bureau’s largest grant ever — will go to repair and upgrade city public housing projects damaged by Hurricane Sandy.
- The money will flow to 33 NYCHA developments in Brooklyn, Manhattan and Queens, Mayor de Blasio and Sen. Chuck Schumer plan to announce Tuesday.
- “When Sandy hit, it brought weeks of cold and darkness for thousands of NYCHA residents – and too many are still feeling the impact,” de Blasio said. “This investment of $3 billion, the largest in FEMA history, won’t simply bring NYCHA developments back to pre-Sandy conditions. It will allow us to fortify buildings and utilities so that they’re resilient.”