New York City's Build it Back program, launched seven years ago to rebuild homes damaged by Superstorm Sandy, needs $92 million in new funds to buy out Sandy-damaged properties and pay contractors, the city says
Build It Back, a delayed and over-budget New York City program that was launched seven years ago to rebuild homes damaged by superstorm Sandy, needs an additional $92 million to cover repairs and other work, the city says.
The city plans to allocate $42 million for the housing program in the coming fiscal year, according to Mayor Bill de Blasio’s preliminary budget, which he released last week. The city is also seeking $50 million in federal funding from the U.S. Department of Housing and Urban Development, according to the...
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