How developers, not storm victims, cashed in on $600M Sandy fund
A state program to lend more than $400 million in taxpayer dollars to replenish affordable housing lost during Hurricane Sandy so far has assisted fewer than two dozen victims of the storm, state statistics show. The Fund for Restoration of Multifamily Housing began disbursing zero- and low-interest loans in 2014 in the nine counties most affected… Read the rest of this entry »