In the two-and-a-half years since Superstorm Sandy, while the Garden State has struggled to recover, many people have puzzled over the question of why New Jersey has received substantially less federal aid than New York, even though both states suffered roughly the same amount of damage — close to $37 billion. Much of the focus has… Read the rest of this entry »
Gaetano’s Restaurant and Market of Red Bank is the latest Monmouth County business to benefit from the Grow Monmouth Facade Improvement Program. The $75,000 program is funded by HUD Community Development Block Grants and administered by the Monmouth County Board of Chosen Freeholders.
Freeholder Director Tom Arnone presented Gaetano’s owner Tom Cappello a check for $1,824 on Wednesday as reimbursement for lighting fixtures for the restaurant.
Businesses with privately held commercial properties in the municipalities of Aberdeen, Atlantic Highlands, Belmar, Bradley Beach, Colts Neck (Naval station only), Deal, Eatontown, Farmingdale, Freehold Borough, Freehold Township, Hazlet, Highlands, Howell, Keansburg, Keyport, Lake Como, Manalapan, Matawan, Neptune City, Neptune Twp., Ocean Twp., Red Bank, Shrewsbury Twp., Tinton Falls (naval station only), Union Beach and West Long Branch are eligible to apply for facade improvement grants of up to $1,850.
Asbury Park, Long Branch and Middletown businesses are not eligible for this program because those municipalities receive designated HUD Community Development Block Grants directly.
The Christie Administration announced this morning that government aid to assist businesses in recovering from the Seaside Boardwalk fire will only cover costs not reimbursed by insurance proceeds or by the Small Business Administration (SBA).
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.
In announcement that the EDA will be providing CDBG-DR funding for debris removal assistance, the administration said, “the State will conduct an analysis of duplication of benefits and ensure that the CDBG-DR funds are used only to cover costs not already paid by other sources, such as insurance or SBA. For the demolition of private structures, the state and/or municipality will place a lien on the property to enable recapture of any duplicative insurance proceeds, should they be paid later.”
Only those residents and business who have registered with FEMA by 11:59pm on May 1 will be eligible for CDB grants
Gov Chris Christie and HUD Secretary Shaun Donovan announce $1.83 billion in federal grant money for New Jersey’s recovery from Superstorm Sandy at Bahrs Landing, Highlands, 4/29/13. photo by Art Gallagher
U.S . Housing and Urban Development Secretary Shaun Donovan joined Governor Chris Christie at Bahrs Landing in Highlands this morning to announce that the Obama Administration has approved New Jersey’s application for $1.83 billion in grant funds to assist businesses and homeowners from the 9 counties catastrophically impacted by Superstorm Sandy in rebuilding to a “new normal.”
“Today we take another important step toward recovery and healing for hard-hit communities in New Jersey,” said Donovan. “HUD has worked closely with Governor Christie, Senators Menendez and Lautenberg, and the New Jersey Congressional Delegation to help design effective programs that will help small businesses reopen, get families back in their homes make communities more resilient as quickly as possible. We have also imposed additional internal controls and accountability measures and we will be working with the Inspector General to ensure that all funds are used as intended – to help families, small businesses and communities get back on their feet and rebuild.”
“Today’s news sends a very powerful message that New Jersey is moving forward and that the Jersey Shore will be open for business this summer,” said Governor Chris Christie. “These funds will provide critical resources to our Sandy-impacted homeowners and businesses to reconstruct, rehabilitate and continue down the road of recovery. While there is much work ahead of us, we have come a long way during these last six months, and I want to thank Secretary Donovan and his team for their tireless efforts as we all work together to rebuild our great state.”
Christie and Donovan said that the CDB grants will assist homeowners and businesses who have received all that is available from FEMA and their insurance companies, yet have fallen short in the funds needed to rebuild. Donovan emphasized that funds are available in the program for renters and the rebuilding of rental housing.
Only those residents and business who have registered with FEMA by 11:59 on May 1 will be eligible for CDB grants, Christie said.
Anyone who has not yet registered with FEMA should do so immediately by calling 1-800-621-FEMA (3362) or by visiting FEMA’s website at http://www.disasterassistance.gov/
What New Jersey Residents Need To Know About The Christie Administration’s Proposed First Community Development Block Grant Disaster Recovery Action Plan
“This plan puts into motion the specific actions we’ve been designing to get relief out as quickly as possible to our Sandy-impacted homeowners and businesses – to reconstruct, rehabilitate and elevate homes, and to get over hurdles for our small businesses to get up and running again. These programs have been carefully, but quickly designed to fill the unmet needs faced by our residents to rebuild in a safer, more enduring way, to strengthen our impacted local economies going into this summer, and to help preserve the unique character of our shore communities as we’ve known them. With this first round of funding, we will also begin an aggressive marketing effort to let people both in the region and across the country know that New Jersey is rebounding and that the Jersey Shore will be open for business this summer.”
– Governor Chris Christie
The Christie Administration today unveiled its proposed Community Development Block Grant Disaster Recovery Action Plan, which outlines how the State plans to utilize $1,829,520,000 in federal funding. This is the first phase of Community Development Block Grant funds provided to New Jersey by the U.S. Department of Housing and Urban Development. Additional CDBG recovery funds are expected in the coming months. With this first phase of funding, the Christie Administration is focusing primarily on helping homeowners, renters, businesses and communities impacted by Superstorm Sandy.