Welcome!




Expand Your Education with These Courses from
The Psychology of Consultative Selling: Skills for Sales Success: Part Four.
BPOs: The Agent's Role in the Valuation Process.
Bundle 1: CIPS Core Courses (Non-US Version).
Bundle 3: CIPS Institute (Non-US Version).
Bundle 3: CIPS Institute (US Version).

HUD Announces Third Round of Disaster Recovery Funds to Sandy Region

Have a comment on this article? Share on Facebook!

HUD allocates CDBG-Disaster Recovery funds based on the best available data from the Federal Emergency Management Agency (FEMA), the Small Business Administration disaster loan programs, the Department of Transportation, and the Army Corps of Engineers to identify the areas of greatest need in the region impacted by Hurricane Sandy. These allocations will be published in the Federal Register in the coming weeks along with criteria for their use.

Rebuild by Design is an innovative design competition that has brought together interdisciplinary design teams, academics, and local communities in an effort to promote resiliency.  These awards will allow grantees to execute forward-thinking local recovery projects that can be replicated throughout the region and, potentially, across the country.

In this third Sandy allocation, grantees will be required to identify unmet needs for housing, economic development and infrastructure. Grantees will be required to incorporate a risk assessment in their planning efforts to ensure long term resilience.

HUD, the Office of Management and Budget (OMB), and the Recovery Accountability and Transparency Board, which was established by the American Recovery and Reinvestment Act, will provide oversight to prevent and identify waste, fraud and abuse. In addition, the Hurricane Sandy Rebuilding Task Force, established by President Obama to coordinate the federal government’s efforts to support local rebuilding, has established a Project Management Office to monitor spending and progress to ensure the money is used as intended.

For more information, visit www.hud.gov and http://espanol.hud.gov

Continue Reading 1 2

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




One thought on “HUD Announces Third Round of Disaster Recovery Funds to Sandy Region”

  • Ann Carlson says:

    I am appreciative also that Hurrican Sandy victims are at last getting the help they so richly deserve. There is another segment of the population and probably a bigger one, that still needs the governments help. I only know about Bank of America but I hear there are many more that have loans that were not backed by Fannie Mae nor Freddie Mac that still cannot get their underwater houses refinanced. I know many owners who would give anything just to get their rate reduced. They aren’t even asking for the underwater debt to be reduced. Of course, there are many that would also like to have this underwater debt forgiven. I am told it will be calld HARP 3 when is this going to become law or has it. Please help solve this problem I believe it affects a lot more people. Thank you.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>