Today, outgoing New York City mayor Michael Bloomberg announced a new program that will provide $14 million towards structural and non-structural repairs for single-family homeowners impacted by Hurricane Sandy who may not be eligible for the city’s Build it Back program due to federal rules and restrictions. The money was raised through the Mayor’s Fund to Advance New York City along with private support from the Robin Hood Foundation, the American Red Cross and JPMorgan Chase. The new home repair program will begin immediately and be administered by Neighborhood Revitalization NYC, an affiliate of the Local Initiatives Support Corporation (LISC).
“The Mayors Fund to Advance New York City has played an integral role in helping New Yorkers recover from Hurricane Sandy,” said Deputy Mayor Cas Holloway. “This latest initiative leverages our partnerships with the private and non-profit sectors by complementing our NYC Build it Back program and providing repairs – free-of-charge – to homeowners who need them.”
The New York Times recently ran a story about how Bloomberg has successfully lured private donors for big projects throughout his time at Gracie Mansion. “After Hurricane Sandy, the Mayor’s Fund raised over $60 million from some 21,000 donors and over $7 million in goods and services to help storm victims. The money has paid for mold treatment for flooded homes, grants to small businesses, home repairs, and legal help for immigrants, among other things.”
Images via Africa Renewal