NJ Spotlight published the following article on 4/25/2014. To read the full article, click here.

FEMA Funding for Sandy Recovery Will Top $1 Billion in New Jersey

Colleen O’Dea | April 25, 2014

The Federal Emergency Management Agency expects to pay New Jersey counties, municipalities, school districts, nonprofits and other agencies more than $1.1 billion in superstorm Sandy-related expenses, new data shows.

Posted by the New Jersey Office of Emergency Management, the accounting shows FEMA has so far paid about $494 million, or 43 percent of what it has pledged for debris removal, building and property repairs and other work needed in the wake of the October 2012 storm that devastated the state.

The federal government agreed to pay 90 percent of eligible expenses, instead of the 75 percent of public assistance projects it usually pays, because federal disaster aid to the state exceeded the threshold of $133 per resident.

In total, 1,318 governmental agencies, schools and nonprofits had almost $1.3 billion in eligible expenses.

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