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FEMA Pays $2.7-Billion in NJ Flood Insurance Claims

The Federal Emergency Management Agency says it has made $2.7 billion in flood insurance payments to New Jersey claimants since Superstorm Sandy hit the state last October.

David Greedy, Getty Images

The agency also announced Tuesday that it has approved $367.3 million overall in grants for individuals and households and another $318 million for housing assistance. It also has approved $188 million in public assistance grants to communities and some nonprofit organizations that serve the public

Meanwhile, the Small Business Administration has given out $586 billion in disaster loans to homeowners, renters and businesses affected by Sandy.

 

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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