FEMA Approved Over $1B in Assistance to Individuals, Families in N.Y. After Sandy

The Federal Emergency Management Agency announced this week that it has approved more than $1 billion in assistance to individuals and families in New York whose property was damaged or destroyed by Superstorm Sandy.

This includes more than $855 million to help eligible survivors with home repairs and temporary rental costs and nearly $145 million with other uninsured hurricane-related expenses related to personal property, transportation, medical, dental, funeral and moving costs.

The $1 billion in grants through FEMA’s Individuals and Households program is part of more than $8 billion in total disaster assistance toward New York’s recovery, including more than $1.5 billion in low-interest U.S. Small Business Administration disaster loans, more than $3.7 billion in flood insurance claim payments and more than $1.8 billion for debris removal, repair or replacement of public facilities and reimbursement for emergency expenses.

Source: The Federal Emergency Management Agency