Homes, Infrastructure Focus of Next Sandy NJ Aid
Restoring housing and shoring up critical infrastructure will be the focus of how New Jersey spends its next round of Superstorm Sandy relief money.
Gov. Chris Christie’s administration says its plans to spend $1.46 billion in federal storm recovery aid will be the subject of three public hearings next week.
It wants to use roughly half the money for housing programs, including grants for homeowners to rebuild and developers to put up new apartment buildings. The state received $1.83 billion in storm aid last year.
About a third of the money would go toward fixing vulnerabilities that Sandy pointed out in the state’s transportation, energy, and water infrastructure systems.
Of the $735 million to be spent on housing assistance programs, $450 million would go to low or moderate-income families.