New York state is making $7 million available to help homeowners recover from flooding along the Lake Ontario and St. Lawrence River shorelines.
Gov. Andrew Cuomo announced the funding Monday. Homeowners will be able to get up to $40,000 in aid. They’ll apply through municipal governments or housing organizations.
The Democratic governor previously announced the state would provide $10 million to municipalities and $5 million in small business grants for flood recovery.
State senators have approved a measure that would provide $20 million in grants to property owners and the same amount for municipalities. The proposal has been sent to the Assembly.
Meanwhile, Cuomo signed legislation Monday that lets municipalities apply immediately for emergency loans under a separate, $2.5 billion clean-water infrastructure program approved in the state budget last month.
Topics Flood New York Homeowners
Was this article valuable?
Here are more articles you may enjoy.
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
Lawyer Who Filed Viral Suit Against JPMorgan Seeks to Exit Case 
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years 
