SCHUMER, GILLIBRAND ANNOUNCE OVER $54 MILLION IN FEDERAL REIMBURSEMENT FOR EMERGENCY HOME REPAIRS IN NEW YORK CITY

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    New York, NY – March 25, 2013 – (RealEstateRama) — U.S. Senator Charles E. Schumer and U.S. Senator Kirsten E. Gillibrand today announced over $54 million in Federal Emergency Management Agency (FEMA) funding for the New York City Department of Environmental Protection’s (NYCDEP) Sheltering and Temporary Essential Power (STEP) pilot program. As a result of Superstorm Sandy, the City of New York implemented a Rapid Repair Program that initiates certain emergency protective measures to allow damaged homes to be utilized as shelters by restoring electric service, heat, and hot water. New York City paid for the program, and these funds represent a reimbursement, ensuring that local tax payers don’t have to pay for the entire bill

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