Obama OK’s Extension Of Restorstion Cost Sharing

The Obama Administration has granted a 5-day extension of the federal cost share for Hurricane Sandy, from 75 percent to 100 percent for emergency power restoration and emergency public transportation assistance, including direct federal ass istance, for those areas of New Jersey within counties designated for public assistance.

“I want to thank the federal government for the continued responsiveness to the needs of New Jersey as recovery efforts continue – particularly this extension which recognizes the additional challenges posed by the winter nor’easter and our ability to make full and proper use of the initial 100 percent reimbursement approved by the President on November 1st,” said Governor Christie. “As we continue to make progress after each of those storms to restore power and get people’s lives back to normal as much as we can, this assistance will remain critical to our recovery and clean-up efforts.”

The previously approved increase of reimbursement authority will now continue through November 14th, rather than expire yesterday as previously schedule. This increased level of federal assistance program pertains to those areas of New Jersey that were previously declared a federal disaster area, including Atlantic, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean, and Union counties. Other forms of Category B assistance remain at a 75% cost share, consistent with the initial approval of assistance.

Source: Governor's Office