Seaside boardwalk fire: Christie pledges grants, loans and aid to businesses and towns
Seaside boardwalk fire: Christie pledges grants, loans and aid to businesses and towns (via NJ.com)
SEASIDE PARK — Business and community leaders emerged from a private meeting with Gov. Chris Christie this afternoon relieved and impressed as the state announced it would offer $50,000 grants and $5 million in no-interest loans to each business owner…
And the insurance companies will pay squat????
Any grants must be with a lien against any and all insurances relative to this fire.
Why do taxpayers have to pick up the pieces when the insurance companies should be doing this?
I guess the GOP now believes in the nanny state.
[…] Governor Christie announced over the weekend that the New Jersey Economic Development Authority (EDA) will make $15 million in Community Development Block Grant Disaster Recovery monies available to affected businesses in the form of $50,000 grants and loans free of interest and principle payments for two years. […]