Since Superstorm Sandy overwhelmed much of the east coast in October 2012, New York City, along with its State and federal partners, has allocated more than $15 billion in federal emergency aid for recovery efforts.
While a considerable portion of these funds was quickly spent in the storm’s immediate aftermath for recovery efforts and to assist individual homeowners and small businesses, the New York Building Congress believes at least $8 billion is being spent on for longer-term projects that will make the City’s core infrastructure more resilient.
In October 2014, the U.S. Department of Housing and Urban Development (HUD) allocated $930 million for a design competition to enhance the region’s storm resiliency.
The State and local agencies that received HUD funding and are coordinating project implementation are now working to complete environmental review, design, and implementation of key elements of six winning designs, including three projects in New York City: For the full article click here
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