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1.5 Billion in Federal Recovery Aid Heading to New Jersey

Wednesday, July 2, 2014   (0 Comments)
Posted by: Greg Mayers
Share | 6/2/2014

   A spokesman from the U.S Department of Housing and Urban Development (HUD) says the Federal Government has approved the state’s plan for spending the second batch of $1.46 billion in Community Development Block Grant funding. Officials also say New Jersey will receive an additional 882 million in the third round of funding coming in sometime during the summer. With the third round of funding from HUD brings the total to nearly $4.2 billion since the storm, although the state estimates that nearly $17 billion will remain in unmet needs for housing, economic development, and infrastructure. Over 40 percent of the aforementioned funding is earmarked for resiliency designs.

There are also organizations and lawmakers who are critical of the Christie Administration and their handling of the Sandy recovery funds. They are reaching a civil-rights settlement with multiple advocacy groups which will require increased aid money and resources for low-income and non-English speaking storm victims.  The state is already required to spend $380 million on the second installment of aid to fund the winning proposals for Rebuild by Design, an infrastructure design competition to make New Jersey’s coast more resilient in future storms, even though originally this effort was supposed to receive one billion dollars in separate funding from the $15.2 billion of emergency funding that Congress had approved. The winners of the competition are being announced this afternoon at a press conference in Little Ferry.

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