Good news for Sandy survivors: the federal government has given them three more years to use grant funds for flood mitigation projects.
The Federal Emergency Management Agency announced the three-year extension. It means Sandy victims have that much longer to access up to $30,000 in Increased Cost of Compliance funding — money to help elevate homes or perform other work to protect homes from flooding.
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“This is great news for survivors of Sandy who are trying to make their homes more resilient and less vulnerable to future storms,” said U.S. Sen. Bob Menendez, D-N.J. “I’ve heard from many constituents who want to elevate and fortify their homes, but were mired in a financial limbo by running up against an arbitrary deadline that could cost them federal funding they already paid for in their flood insurance policies."
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March 12, 2024