HUD has provided New York $3.483 billion in Community Development Block Grant
(CDBG) funding in response to the 9/11 attacks. The funds are to be administered
by the Empire State Development Corporation (ESDC) and its subsidiary the Lower
Manhattan Development Corporation (LMDC). The current status of funding
is as follows: - $700 million for ESDC - for business retention /
attraction and economic loss compensation
- $350 million for LMDC -
augment above effort
- $305 million for LMDC - residential incentive
program, training assistance program and administrative costs.
The balance
of the CDBG funds are not yet designated. For specifics of each program contact
the appropriate agency.
Summary of HUD's Overall Response
Federal
Emergency Management Agency Information (FEMA) For charity and additional
relief information:
For related environmental information:
|