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Title: Wealthy Connecticut Residents Received Millions in Federal Dollars After Hurricane Sandy
Source: Reason
URL Source: https://reason.com/2022/12/29/wealt ... dollars-after-hurricane-sandy/
Published: Dec 29, 2022
Author: Joe Lancaster
Post Date: 2022-12-29 21:11:42 by Charles_Byrd
Keywords: None
Views: 83

After the devastation caused by Hurricane Sandy in 2012, Congress apportioned over $50 billion for disaster relief. Among that total was $16 billion for the U.S. Department of Housing and Urban Development (HUD)'s Community Development Block Grant Disaster Recovery program (CDBG-DR). The state of Connecticut received $159 million.

CDBG-DR is intended primarily to help people with lower incomes respond to disasters. But a new Politico investigation reveals that as low-income areas in Connecticut remained in disrepair after the storm, generous reimbursements and low-interest loans went to wealthy homeowners who, on paper, should not have even qualified.

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