City Hall officials announced Tuesday that the Bloomberg administration has officially submitted to the U.S. Department of Housing and Urban Development its plan to spend $1.77 billion in initial federal aid for Hurricane Sandy relief.
The Community Development Block Grant Disaster Recovery Action Plan calls for the money to be distributed based on level of damage and financial need.
The plan will have some owners of one- to four-family homes be reimbursed for out-of-pocket expenses for repairs required by the city building code.
Homeowners will also have flexibility in selecting contractors for repairs and reconstruction.
The city also wants to set up a rental subsidy program for families who lost their homes in the storm and do not qualify for Section 8 vouchers, FEMA housing assistance or city Housing Authority apartments.
City officials also plan to make sure that funded projects meet elevation requirements set by the new FEMA flood maps, as well as one or two additional feet of freeboard.
The submission followed a 14-day comment period that generated 377 public responses, according to city officials.