Ten Years After Sandy: Charting a Region’s Recovery

Hurricane Sandy had a mixed effect on the region’s housing. Most homeowners were unprepared and underinsured for the flooding that occurred; foreclosures increased in the year after the …

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Ten Years After Sandy - Office Of The New York City Comptroller …

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Of the $15 billion of federal grants appropriated for Sandy recovery and resilience, the City has spent $11 billion, or 73%, as of June 2022. The City has spent 66.2% of the nearly $10 billion …

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FAQs about Ten Years After Sandy: Charting a Region’s Recovery Coupon?

How much money has New York City spent on Sandy recovery?

In total, the City has spent $11 billion, or 73%, of its $15 billion federally allocated grants appropriated for Sandy recovery and resiliency. While this represents modest progress since 2019 when only 54% of those federal grants had been spent, there is still much work to be done to complete project implementation. ...

How many states have a recovery program based on sandy?

While Sandy was a single large storm generating disaster declarations in twelve states and the District of Columbia ( HSRTF 2013 ), recovery responses were highly localized, and our analysis focuses on just a handful of communities that created some of the most extensive resilience-focused recovery programs. ...

How did Superstorm Sandy affect the region?

The analysis reveals a story of short-term destruction and hardship, followed by robust recovery and resilience on other measures, suggesting that the lasting impact of Superstorm Sandy on the region and its population was muted. ...

How much money has sandy spent on ESCR?

While the Sandy Funding Tracker shows that the City has spent 31.9% of ESCR’s CDBG-DR funds, the Comptroller’s under-the-hood examination of total project budgets and actual liquidations shows that the City has only spent 13.3% of the total $1.9 billion ESCR budget. ...

How much money has the city spent on sandy?

The City has spent 66.2% of the nearly $10 billion in FEMA Sandy grants, and 92.4% of the $4.2 billion HUD CDBG-DR grants. However, these figures only tell a partial story of progress, as the City’s Sandy tracker only captures the spending of federal grants, and does not include the City’s own capital contributions. ...

How much money has sandy city spent on CDBG-Dr?

CDBG-DR funds comprise about one-third of the project’s $57.5 million budget. While the Sandy Funding Tracker reports that the City has spent 19.3% of federal funds, FMS shows that only 6.3% of the total project funds have been spent. ...