Rockland and Westchester are among 17 counties statewide where the state will use U.S. Department of Housing and Urban Development funds to cover the 25 percent local match requirement of property buyout costs associated with tropical storms Irene and Lee in August and September 2011, Gov. Andrew Cuomo announced today.
There are roughly 1,145 properties in the affected counties that have been processed for buyouts under the Federal Emergency Management Agency’s Hazard Mitigation Grant Program. The estimated cost of the property buyout is more than $194 million. The 25 percent non-federal share cost of that is about $48.5 million.
“The destruction and devastation caused by the combined impact of Irene and Lee has left a lasting impression on the landscape of all of the communities that bore the brunt of these two powerful storms,” Cuomo said in a statement. “But the disruption to the lives of the property owners in each of these communities has been far worse and we must do everything we can to alleviate their financial burden. By assuming the 25 percent share of the costs for the buyouts, we can help individual property owners and their communities continue their recovery and restore their lives.”
HUD Secretary Shaun Donovan on April 26 announced federal approval of New York’s recovery action plan to help homeowners following Superstorm Sandy and tropical storms Irene and Lee. The plan is supported with $1.7 billion in HUD Community Development Block Grant—Disaster Recovery funds.
The other counties are Albany, Broome, Chenango, Clinton, Delaware, Essex, Greene, Montgomery, Orange, Otsego, Schenectady, Schoharie, Suffolk, Tioga and Ulster.