NJ announces post-Sandy loan, grant programs

Governor Chris Christie wants to use the first allocation of post-Superstorm Sandy federal government grants to help rebuild hard-hit homes and businesses. Officials in Christie's

NJ announces post-Sandy loan, grant programs

NJ announces post-Sandy loan, grant programs

TRENTON - (AP) - Governor Chris Christie wants to use the first allocation of post-Superstorm Sandy federal government grants to help rebuild hard-hit homes and businesses.

Officials in Christie's administration told The Associated Press on Tuesday the plan would give homeowners grants for fixing storm-damaged houses, give businesses no-interest loans to stay afloat and give landlords incentives to rent to low-income people.

Most of the programs are similar to what other states have done with federal aid after disasters. But unlike in other states, Christie wants his administration to run all the programs rather than farming them out to local governments.

There will be a week for the public to comment on the plan, which needs federal approval.

The $1.8 billion federal grant is expected to arrive in April.

advertisement | advertise on News 12

Trending Video

News 12 New Jersey was on Lloyd Road 1 Powerful storm leaves behind damage across NJ
On The Road: Point Pleasant Beach preview 2 On The Road: Point Pleasant Beach preview
It's unclear how many roosters were discovered and 3 Officials seize birds from Newark business in late-night raid
VIDEO: News conference on Chatham helicopter crash 4 VIDEO: News conference on Chatham helicopter crash
Fire crews battled a large brush fire in 5 Crews battle brush fire in Keyport

advertisement | advertise on News 12

Features

It's good to know you have Walt Kane Kane in Your Corner

It's good to know you have Walt Kane in your corner.

News 12 takes a look at the hottest Tech Check

Eric Landskroner has a look at the latest gadgets and biggest stories in tech.

News 12 On the Scene

Check out these exclusive videos from New Jersey celebs!

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE