DOT Reimburses $164.2 Million in Hurricane Sandy Costs
These funds will aid in labor and material cost reimbursement for areas affected by Hurricane Sandy.
The Department of Transportation is lending a helping hand to states that were in the path of Hurricane Sandy last October. A $164.2 million reimbursement allocation will aid transit agencies in recovery.
Corporations in Connecticut, New Jersey, and New York will receive these funds as part of the FY 2013 Disaster Relief Appropriations Act. The majority of the funds, $163.4 million, will be given to the New Jersey Transit Corporation, the Port Authority Trans-Hudson Corp., and the New York Metropolitan Transportation Authority for recovery cost incurred during and in the aftermath of the hurricane. The remaining $841,000 will reimburse The City of Long Beach and Westchester County in New York and the Milford Transit District in Connecticut.
“In keeping with our pledge to help transit agencies make a full recovery from Hurricane Sandy, we are moving quickly to get disaster relief funds out the door as soon as possible,” said U.S. Transportation Secretary Ray LaHood, on the DOT website. “President Obama has called on us to invest in our nation’s infrastructure − and that includes ensuring that our transit systems are in good working order and ready to meet riders’ needs safely and efficiently.”
This is the second allocation of relief funds for areas affected by Hurricane Sandy. The first funding total was $10.9 billion in January. However, due to budget cuts, this was reduced to $545 million in March.
The most recent allotment of funds will reimburse companies for labor, materials, and costs incurred due to the hurricane.
More information on the Disaster Relief Appropriations Act and distribution of funds, visit the Department of Transportation website.