Sandy Victims See Almost None Of Promised $60 Billion In Aid A Year After Storm

By the end of August, the U.S. Department of Housing and Urban Development reported that just $5.2 billion of the federal $60 billion aid package had actually been spent. Another $6 billion had been set aside by federal agencies but hadn’t yet reached the intended recipients.

A year after Hurricane Sandy, only a fraction of the $60 billion in aid passed by Congress has reached people who need help — and lawmakers from both parties say it’s time to pick up the pace.The feds announced $1.34 billion in new grants to New York City on Monday, part of $5 billion being doled out in the latest allocation to Sandy-affected areas.

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