SECRETARY DONOVAN AND GOVERNOR CUOMO ANNOUNCE APPROVAL OF NEW YORK STATE’S DISASTER RECOVERY PLAN

WASHINGTON, DC – April 29, 2013 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State’s recovery action plan to help homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD’s Community Development Block Grant Disaster Recovery (CDBG – DR) program, New York State’s recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities. Read New York State’s action plan.