Storm Recovery Grants for Co-ops & Condos
Riverdale’s Congressman Eliot Engel (D-NY-16) will co-sponsor legislation to make it easier for condominiums and cooperatives to be eligible for Federal Emergency Management Agency (FEMA) Individual Assistance, and eliminating the cap on aid so that residents can have full access to recovery from natural disasters, now given to stand-alone homes. Currently, they are only eligible to receive loans, not grants, because they are classified as “business associations” under FEMA rules.
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