Source of Funds for Post-Sandy Rebuild by Design Projects 2014 to 2018
Summary
$1.2 B of federal funds generated another $1.2 B of state and municipal funds
Total $2.4B came from….
HUD Community Development Block Grants - Disaster Recovery (CDBG-DR) 2014 $948 M (40%)
HUD Community Development Block Grants - National Disaster Resilience - (CDBG-NDR) 2016 $218 M (9%)
New York City $1.1 B (50%)
New York State $14 M (0.6%)
Connecticut $2.3 M (0.1%)
Details
NY Manhattan (East River) $1.653 B total for two projects: East Side Coastal Resiliency, Lower Manhattan Coastal Resiliency - Twin Bridges
A. East Side Coastal Resiliency $1.45 B
$338 M CDBG-DR (23%)
$170 M initial New York City capital (12%)
$252 M supplemental NYC capital (17%)
$690 M supplemental NYC capital (48%)
Details of Agreement with Community
B. Lower East Side Coastal Resiliency (Twin Bridges) $203 M
$176 M CDBG-NDR (87%)
$27 M New York City capital (13%)
NY Bronx (Hunts Point, Bronx River) $71 M
$20 M CDBG-DR (28%)
$25 M Supplemental CDBG-DR from New York City (35%)
$26 M New York City capital (37%)
NY Staten Island (Tottenville, New York Harbor) $74 M
$60 M CDBG-DR (81%)
$14 M New York State capital (19%)
NY Long Island (Hempstead, Mill River watershed) $125 M
$125 M CDBG-DR (100%)
NJ Hoboken, Weehawken, Jersey City (Hudson River) $230 M
$230 M CDBG-DR (100%)
NJ Meadowlands (Hackensack River) $150 M
$150 M CDBG-DR (100%)
CT Bridgeport (Long Island Sound) $44.7 M
$42.4 M CDBG-NDR (95%)
$2.3 M Connecticut state bonds (5%)