Co-ops and condos damaged by Sandy are now eligible for federal housing grants. The U.S. Department of Housing and Urban Development (HUD) announced it will allow co-ops and condos to receive funding from Community Development Block Grants Disaster Recovery grants to help with repairs. “We have finally cleared a bureaucratic hurdle that prevented thousands of [...]
New York’s senior senator has joined the ranks of leaders pushing for relief to storm-damaged co-ops and condos. U.S. Senator Charles Schumer penned a letter to the U.S. Department of Housing and Urban Development (HUD) last Wednesday asking the agency to establish Sandy relief program guidelines for co-ops and condos. Co-op and condo owners currently [...]
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